Jenkins Company Began Business in June When Stockholders Invested $85,000

question 54

Multiple Choice

Jenkins Company began business in June when stockholders invested $85,000 in the business,which in turn issued its common stock to them.Jenkins Company then purchased a building for $43,000 cash and inventory for $24,000 cash,performed services for clients for $15,000 cash,purchased supplies for $7,000 cash,and paid utilities of $4,000 cash.What is the amount of cash at the end of June?

• A)$18,000
• B)$22,000
• C)$33,000
• D)$46,000

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Definitions:

Generalization

The extension of the response to stimuli that are similar to the conditioned stimulus in conditioned learning.

Conditioned Stimulus

In classical conditioning, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Flooding

A type of psychotherapy technique where an individual is exposed to a large amount of an undesirable stimulus in order to overcome their anxiety or fear.

Fear-evoking Stimuli

Objects, events, or situations that trigger a fear response in an organism, often leading to avoidance behaviors or psychological stress.