The Assets of Mitchell's Business Increased by $60 000 and the Liabilities

question 64

Multiple Choice

The assets of Mitchell's business increased by $60 000 and the liabilities increased by $20 000 during the current year. If the profit for this period was $48 000, what additional contribution or withdrawal was made by the owner? (Assume only a withdrawal or a contribution was made.)

• A) Drawings $12 000
• B) Contribution $12 000
• C) Contribution $8000
• D) Drawings $8000

Recognize the role of feminist movements in achieving gender equality in education and employment.

Appreciate the influence of societal norms and dominant group beliefs on gender roles and identities.

Understand the significance and impact of feminist psychology on research methodologies and topics.

Acknowledge the broad scope of issues addressed by feminism, including bodily autonomy, reproductive rights, and the fight against gender-based violence.

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Definitions:

Ingroup Vs Outgroup

Ingroup vs outgroup refers to the social categorization of people into groups based on perceived similarities or differences, where "ingroup" represents those similar to oneself and "outgroup" those who are not.

Actor-Observer Bias

The tendency to attribute one's own actions to external causes while attributing other people's behaviors to their internal characteristics.

Internal Attributions

The process of attributing the cause of a person's behavior to internal or personal factors, rather than external situational factors.

External Attributions

The process of explaining someone's behavior by referring to situational or environmental factors.