For Each of the Following Events:
State Whether the Event

question 151

Essay

For each of the following events:
State whether the event increases (INC)or decreases (DEC)owner's capital.If the event does not affect owner's capital,state NE for no effect.
$$\begin{array} { | l | l | } \hline \text { Event } & \text { INC, DEC, NE Owner's Capital } \\\hline \text { Withdrawal of cash by owner of sole } & \\\text { proprietorship for personal use } & \\\hline \text { Creditor loaned money to the } & \\\text { business }\\\hline\text { Costs of selling goods or services } \\\hline \end{array}$$

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Definitions:

Autonomy

Refers to the capacity to make informed, uncoerced decisions independently.

Shame and Doubt

Phases in early child development theorized by Erik Erikson, where children learn to develop autonomy while also experiencing feelings of shame and doubt about their actions.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.

Mistrust

The feeling or belief that someone is not reliable, trustworthy, or credible.