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The Following Are Transactions for Brian for the Month of October.Indicate

question 11

Essay

The following are transactions for Brian for the month of October.Indicate how the following transactions would be recorded by completing the necessary journal entries as appropriate (omit explanations).
Oct. 1 Brian invested $15,000\$ 15,000 in his business.
Oct. 3 Sold $2,500\$ 2,500 of merchandise on account to H\mathrm { H } . Holand, sales invoice No. 1, terms 1/10,n/301 / 10 , \mathrm { n } / 30 .
Oct. 5 Sold $1,200\$ 1,200 of merchandise on account to T. Traer, sales invoice No. 2, terms 1/10,n/301 / 10 , \mathrm { n } / 30 .
Oct. 13 Received cash from H\mathrm { H } . Holand in payment for October 3 transaction, less the discount.
Oct. 14 Issued credit memorandum No. 1 to TT . Traer for $100\$ 100 for merchandise returned from October 5 sale on account.
Oct. 15 Received cash from T\mathrm { T } . Traer for the amount due, less the discount.
 The following are transactions for Brian for the month of October.Indicate how the following transactions would be recorded by completing the necessary journal entries as appropriate (omit explanations). Oct. 1 Brian invested  \$ 15,000  in his business. Oct. 3 Sold  \$ 2,500  of merchandise on account to  \mathrm { H } . Holand, sales invoice No. 1, terms  1 / 10 , \mathrm { n } / 30 . Oct. 5 Sold  \$ 1,200  of merchandise on account to T. Traer, sales invoice No. 2, terms  1 / 10 , \mathrm { n } / 30 . Oct. 13 Received cash from  \mathrm { H } . Holand in payment for October 3 transaction, less the discount. Oct. 14 Issued credit memorandum No. 1 to  T . Traer for  \$ 100  for merchandise returned from October 5 sale on account. Oct. 15 Received cash from  \mathrm { T } . Traer for the amount due, less the discount.
 The following are transactions for Brian for the month of October.Indicate how the following transactions would be recorded by completing the necessary journal entries as appropriate (omit explanations). Oct. 1 Brian invested  \$ 15,000  in his business. Oct. 3 Sold  \$ 2,500  of merchandise on account to  \mathrm { H } . Holand, sales invoice No. 1, terms  1 / 10 , \mathrm { n } / 30 . Oct. 5 Sold  \$ 1,200  of merchandise on account to T. Traer, sales invoice No. 2, terms  1 / 10 , \mathrm { n } / 30 . Oct. 13 Received cash from  \mathrm { H } . Holand in payment for October 3 transaction, less the discount. Oct. 14 Issued credit memorandum No. 1 to  T . Traer for  \$ 100  for merchandise returned from October 5 sale on account. Oct. 15 Received cash from  \mathrm { T } . Traer for the amount due, less the discount.


Definitions:

Positive Punishment

A form of behavior modification that adds an unfavorable outcome or event following an undesired behavior, with the intention of decreasing that behavior in the future.

Negative Punishment

The removal of a desirable stimulus to decrease a behavior.

Bandura

Albert Bandura is a psychologist known for his social learning theory, emphasizing the role of observational learning, self-efficacy, and reciprocal determinism in behavior.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, known for his theories on the unconscious mind and the development of psychotherapy.

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