Determine Whether Each of the Following Events Are Asset Source

question 144

Essay

Determine whether each of the following events are asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE)transactions.
1)________ Borrowed $6,000 from creditors2)________ Issued common stock to investors for $8,000 cash3)________ Accrued interest expense4)________ Provided services to customers and collected $35,000 cash5)________ Paid creditors $10,0006)________ Provided services to customers on account, $12,0007)________ Collected $2,000 from customers in partial settlement of accounts receivable8)________ Recognized accrued salary expense of $2,000

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Definitions:

Variable-Interval Schedule

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, leading to a steady, consistent response rate.

Reinforcement

Reinforcement is a principle in behavioral psychology where a behavior is encouraged or strengthened by a consequence following the behavior.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable outcome or stimulus strengthens or increases the likelihood of a specific response or behavior.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable condition strengthens a behavior.