What Entry Would Be Made in Account Receivable When a Company

question 14

Multiple Choice

What entry would be made in account receivable when a company has billed its client $230,000 during the financial year and client have sent in payments totalling $87,908.The business uses cash-based accounting?

• A)$230,000
• B)$87,908
• C)0
• D)$142,092.

Understand the process of transferring information from short-term to long-term memory.

Distinguish between different types of rehearsal and their effectiveness for memory storage and recall.

Understand the ethical considerations in placebo control groups.

Identify methods for reducing demand characteristics in psychological studies.

---

Definitions:

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response tendency.

Variable-Ratio

A reinforcement schedule in which a response is rewarded after an unpredictable number of responses, commonly used in operant conditioning.

Fixed-Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Operant Conditioning

A method for behavior enhancement or reduction through the strategic use of reinforcement or punishment.