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If the Assets of a Business Increased $89,000 During a Period

question 26

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If the assets of a business increased $89,000 during a period of time and its liabilities increased $67,000 during the same period, equity in the business must have:

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Definitions:

Biologically Imposed Limits

Restrictions or constraints on an organism's abilities, behaviors, or development that are determined by genetic and physiological factors.

Conditioning Principles

Fundamental concepts in psychology that explain how organisms learn from the association between stimuli and responses, pivotal in classical and operant conditioning.

Instinctive Drift

The tendency of an animal to revert to instinctive behaviors that interfere with a conditioned response.

Innate Response

A built-in reaction to stimuli that an organism is genetically programmed to exhibit, also known as an instinct.

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