A Business Purchases a Computer for Cash

question 68

Multiple Choice

A business purchases a computer for cash.What effect does this have on the accounting equation?

• A)Stockholders' Equity and Assets go up.
• B)There is no change in Total Assets.
• C)Assets go up and Liabilities go down.
• D)Stockholders' Equity and Liabilities go up.

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Definitions:

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment, integral to behaviorist psychology.

Mirror Neuron Activity

The firing of neurons in the brain that occurs both when an individual performs an action and when they observe the same action performed by another, thought to be related to understanding intentions, empathy, and learning through imitation.

Imitative Yawning

The reflexive act of yawning in response to seeing, hearing, or thinking about someone else yawning.

Autism

A developmental disorder characterized by difficulties in social interaction and communication, and by restricted or repetitive patterns of thought and behavior.