The Following Normal Account Balances Were Found on the General

question 79

Multiple Choice

The following normal account balances were found on the general ledger before closing entries were prepared: After closing entries are posted, what is the balance in the Capital account?

• A)$7,800
• B)$7,500
• C)$6,800
• D)Closing entries do not affect the Capital account.

Discover techniques to ease the administrative burden of managing benefit packages.

Understand the basic principles of compensation and its impact on employee needs and security.

Comprehend the concept and importance of internal and external equity in compensation management.

Identify and understand the steps and techniques involved in job evaluation, including the point system.

---

Definitions:

Cognitive Map

An internal representation of the spatial relationships among objects in an environment, allowing for navigation and understanding of that space.

Observational Learning

The process of learning behaviors by watching and imitating others.

Insight

The capacity to gain an accurate and deep understanding of someone or something.

Latent Learning

Learning that occurs without any obvious reinforcement or indication at the time of learning but that can be demonstrated later when a suitable motivation is present.