On July 1,2017,Falcon Company Received a $20,000 Promissory Note from Jordyn

question 20

Multiple Choice

On July 1,2017,Falcon Company received a $20,000 promissory note from Jordyn Company.The annual interest rate is 5%.Principal and interest are paid in cash at the maturity date of June 30,2018. ​
If Falcon's fiscal year ends September 30,2017,an adjustment is needed to

• A)increase interest revenue by $1,000.
• B)increase notes receivable by $250.
• C)increase interest receivable by $250.
• D)increase notes receivable by $1,000.

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Definitions:

Escape Behavior

Actions taken to avoid expected or current discomforts, often seen in both human psychological responses and animal behavior studies.

Shaping Behavior

The process of reinforcing successive approximations of a desired behavior to teach a new behavior or skill.

Negative Punishment

A decrease in behavior that results from a removed consequence.

Skinnerian Principles

Behavioral principles based on the work of B.F. Skinner, emphasizing the effects of reinforcement and punishment on behavior.