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What Is the Difference Between Observable Behavior and Internal Mental

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What is the difference between observable behavior and internal mental processes?


Definitions:

Cash Debited

An accounting entry that increases the cash balance in a company's ledger.

Notes Receivable

Financial assets representing amounts owed to the holder by others through formal written agreements stipulating payment terms.

Open Account

A credit arrangement where goods and services are provided with the agreement that payment will be made at a later date.

Direct Write-Off Method

A method of accounting for bad debts that involves expensing accounts at the time they are determined to be uncollectible.

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