Land, Originally Purchased for $20,000, Is Sold for $75,000 in Cash

question 89

Multiple Choice

Land, originally purchased for $20,000, is sold for $75,000 in cash. What is the effect of the sale on the accounting equation?

• A) assets increase $75,000; stockholders' equity increases $75,000
• B) assets increase $55,000; stockholders' equity increases $55,000
• C) assets increase $75,000; liabilities decrease $20,000; stockholders' equity increases $55,000
• D) assets increase $20,000; no change for liabilities; stockholders' equity increases $75,000

Recognize the impact of language evolution on the perception and marginalization of gay people.

Analyze the concept of the invisible knapsack and its relation to privilege and discrimination.

Critically assess perspectives on "difference" within organizational contexts.

Describe communicative strategies used by individuals to navigate identity perception in the workplace.

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Definitions:

Eclectic Approach

An approach in psychology that combines theories and methodologies from different schools of thought to address psychological issues more effectively.

Client-Centered Therapy

A humanistic therapy, developed by Carl Rogers, in which the therapist uses techniques such as active listening within a genuine, accepting, empathic environment to facilitate clients’ growth. Also called person-centered therapy.

Psychotherapy

A form of treatment for emotional and psychological disorders that involves talking with a therapist to resolve problematic behaviors, beliefs, feelings, and relationship issues.

Placebo Effect

Improvement in a patient's condition resulting from the mere expectation of treatment and not the treatment itself.