John Contributed $6,000 to the Business by Opening a Bank

question 191

True/False

John contributed $6,000 to the business by opening a bank account in the name of the business,United Internists.This transaction results in an increase in the assets of the business.

---

Definitions:

Perception

The cognitive process of interpreting and making sense of sensory information to understand the environment around us.

Conscious Awareness

The state or quality of being aware of an external object or something within oneself.

Mechanoreceptors

Mechanoreceptors are sensory receptors that respond to mechanical pressure or distortion, involved in processes like touch, hearing, and balance.

Pressure

The force applied perpendicular to the surface of an object per unit area over which that force is distributed.