Journalize the Following Transactions Using the Periodic System

question 111

Essay

Journalize the following transactions using the periodic system:
Aug. 6 Purchased $1,030 of inventory on account from Johnston with terms of 2/10, n/30.
Aug. 8 Purchased $2,001 of inventory for cash from Pillner Company.
Aug.15 Paid for August 6 purchase from Johnston.
Aug. 17 Purchased $1,700 of merchandise on account from Luis Company with Terms of 3/15, n/45.

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Definitions:

Little Albert

An experiment in classical conditioning where a child was conditioned to fear a white rat, demonstrating how fears can be acquired through conditioning.

Instincts

Innate, typically fixed patterns of behavior in animals in response to certain stimuli.

Extinction

The process in which a previously learned behavior diminishes or disappears as a result of the discontinuation of reinforcement or the removal of a stimulus.

Reflex

An automatic, involuntary response to a specific stimulus, typically serving as a protective mechanism.