Qwerty Company Prepaid $8,400 on November 1,2014 for a One-Year

question 4

Multiple Choice

Qwerty Company prepaid $8,400 on November 1,2014 for a one-year insurance premium.On January 1,2015 of the next year (after December 31 adjustments) ,the Prepaid Insurance account will have a debit balance of ________.(Round any intermediate calculations to two decimal places,and your final answer to the nearest whole number. )

• A)$7,700
• B)$9,100
• C)$8,400
• D)$7,000

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Definitions:

Voluntary Responses

Actions that are performed intentionally or with conscious control, often in contrast to reflexive or automatic responses.

Association

A connection or link between thoughts, ideas, or concepts, often used in psychology to explain memory and learning processes.

Punishers

Stimuli that follow a behavior and decrease the likelihood of that behavior being repeated in the future.

Unconditioned Stimuli

In classical conditioning, a stimulus that innately and instinctively elicits a reaction without any previous learning.