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What Is a Conditioned Response?​

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What is a conditioned response?​


Definitions:

Dividends Account

An account used in bookkeeping to track dividends declared by a company to be paid out to its shareholders.

Debit

A bookkeeping record that leads to a rise in a company's assets or a fall in its liabilities on the balance sheet.

Debits

Accounting entries that increase an asset or expense account, or decrease a liability or equity account, recorded on the left side of an accounting ledger.

Account Receivable

The amount customers are required to pay a company for products or services received but for which payment has not yet been made.

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