A T-Account Has a $299 Debit Balance

question 58

Multiple Choice

A T-account has a $299 debit balance. This account is most likely:

• A) accounts receivable.
• B) bicycle repairs revenue.
• C) wages payable.
• D) common shares.
• E) service fees.

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Definitions:

Esteem Needs

According to Maslow's hierarchy of needs, these are the fourth level and include self-esteem, confidence, respect by others, and respect for others.

Theory X

A management theory assuming that employees are inherently lazy and will avoid work if they can.

Behaviour Motivation

The drive behind individuals' actions, influenced by internal desires and external rewards.

Theory Y

A management concept that assumes employees are intrinsically motivated, enjoy their job duties, and work to better themselves without direct supervision.