Selected transactions completed by a proprietorship are described below. Indicate the effects of each transaction on assets, liabilities, and owner's equity by inserting "+" for increase and "-" for decrease in the appropriate columns at the right. If appropriate, you may insert more than one symbol in a column.
(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(I)(m)(n)(o)Received cash owner as an additional investmentPurchased supplies on accountPaid rent for the curent monthReceived cash for services sold to customersReturned some defective supplies purchased in (b)Paid insuratice premiums in advancePaid cash to creclitor for purchases in(b)Charged customers for services sold on accountPaid cash to a customer as a refund for an overchargeReceived cash on account from customersOwner withdrew cash for personal useRecorded the cost of supplies used during the yearReceived invoice for electricity usedPaidwagesPurchased a truck for cashA____________________________________________________________L____________________________________________________________OE____________________________________________________________
Stroop Test
A psychological test that demonstrates the conflict between the meaning of words and their colors, measuring processing speed, attention, and cognitive flexibility.
Three-year-olds
Three-year-olds are children at the age of three, a developmental stage characterized by rapid growth in communication skills, social interaction, and physical coordination.
Automatic Processing
Cognitive operations that occur without conscious awareness or intention, typically fast and efficient, often as a result of learning or repetition.
Internal Factors
Elements or influences originating within an individual or organization, affecting behavior, decisions, or performance.