Aries and Eros Start a Partnership with Capital Contributions of $37,000

question 118

Multiple Choice

Aries and Eros start a partnership with capital contributions of $37,000 and $63,000,respectively.Over the course of the year,Aries withdraws $4800 from the business in order to meet his personal expenses.Which of the following is the correct journal entry to close the relevant Withdrawals account at the end of the year?

• A) \[\begin{array} { | c | r | r | }
• \hline \text { Aries, Withdrawals } & 4800 & \\
• \hline \text { Cash } & & 4800 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | l | l | }
• \hline \text { Aries, Capital } & 4800 & \\
• \hline \text { Aries, } & & \\
• \text { Withdrawals } & & 4800 \\
• \hline
• \end{array}\]
• C) No entry
• D) \[\begin{array} { | c | r | r | }
• \hline \text { Aries, Withdrawals } & 4800 & \\
• \hline \text { Eros, Capital } & & 4800 \\
• \hline
• \end{array}\]

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Comprehend the significance of empathy, warmth, genuineness, and unconditional positive regard in the therapeutic relationship.

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Definitions:

Comfort Zone

A psychological state wherein a person feels familiar, safe, at ease, and secure.

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The level of contentment individuals feel about their job, including aspects such as work environment, pay, and perceived value in their role.

Conflicts

Situations where opposing forces or ideas come into direct confrontation or disagreement.

Post-traumatic Stress Disorder

A psychological disorder caused by being part of or observing a horrifying incident, leading to recurrent nightmares, flashbacks, and significant distress.