An Adjustment That Must Be Made for the Accrued Interest

question 68

Multiple Choice

An adjustment that must be made for the accrued interest on a note receivable would include a:

• A) debit to Note Receivable.
• B) credit to Interest Receivable.
• C) debit to Interest Receivable.
• D) credit to Note Receivable.

---

Definitions:

Behaviorism

A school of thought in psychology that focuses solely on observable behaviors and discounts the importance of mental states or inner experiences.

Well-ordered Machines

A metaphor for systems or organizations that operate efficiently and effectively, with all components working harmoniously.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism.

Organic Reflex Reactions

Automatic, involuntary responses of the organism to internal or external stimuli.