On January 2, Favre Co

question 36

Multiple Choice

On January 2, Favre Co. made a $2,000 credit sale under the terms 3/10, n/30. If Favre uses the gross method of accounting for cash discounts, the proper entry on January 2 includes

• A) a debit to Accounts Receivable for $2,000, and a credit to Sales for $2,000.
• B) a debit to Accounts Receivable for $2,000, a credit to Cash Discounts for $1,940, and a credit to Sales for $60.
• C) a debit to Accounts Receivable for $1,940, and a credit to Sales for $1,940.
• D) a debit to Accounts Receivable for $1,940, a debit to Cash Discounts for $60, and a credit to Sales for $2,000.

Identify the role of incentives in motivation.

Discuss the interplay between nature and nurture in shaping motivation.

Understand the concept of physiological needs creating aroused states that drive behavior.

Appreciate the role of evolutionary psychology in explaining species-typical behaviors.

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Definitions:

Extracurricular Activities

Activities that fall outside the realm of the normal curriculum of school or university education, often involving sports, clubs, or arts.

Educational Attainment

The highest level of education an individual has completed, often measured in terms of degrees or certifications obtained.

Sense Of Duty

A moral commitment or obligation to perform or refrain from performing certain actions.

Abuse

The improper treatment of a person or thing, often causing harm or injury, which can be physical, emotional, or in other forms.