Stock Categorized as Trading Securities Is Purchased for $72,000 B)

question 130

Multiple Choice

Stock categorized as trading securities is purchased for $72,000.At year end,when the market value of the stock is $63,000,the adjusting entry that would be recorded is:

• A)
• \(\begin{array}{llr}
• \text { Allowance to Adjust Short-Term Investments to Market } & 9,000\\
• \text { Unrealized Loss on Investments } && 9,000\\
• \end{array}\)
• B)
• \(\begin{array} {l c }
• \text { Unrealized Loss on Short-Term Investments } & 9,000 \\
• \text { Allowance to Adjust Short-Term Investments to Market } & 9,000
• \end{array}\)
• C)
• \(\begin{array}{llr}
• \text { Allowance to Adjust Short-Term Investments to Market } & 9,000\\
• \text { Short - Term Investments } && 9,000\\
• \end{array}\)
• D)
• \(\begin{array}{l}
• \text { Realized Loss on Investments } &9,000\\
• \text { Short-Term Investments }&&9,000
• \end{array}\)

Understand the concepts and differences between escape and avoidance behaviors.

Identify examples of active and passive avoidance in real-life situations.

Comprehend the role of acquisition training and delay of reinforcement on escape behaviors.

Recognize how the severity of an aversive stimulus impacts avoidance conditioning.

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Definitions:

Market Equilibrium

A market state where the supply of goods matches demand, with no incentive for price to change.

Total Utility

The overall satisfaction or pleasure a person derives from consuming a certain amount of goods or services.

Marginal Utility

The additional satisfaction or utility received by consuming one more unit of a good or service.

Total Utility

The overall pleasure or value derived by using a certain amount of an item or service.