When the Need to Belong and the Need to Feel

question 21

Multiple Choice

When the need to belong and the need to feel effective are frustrated,the person is especially likely to experience

• A) a pessimistic explanatory style.
• B) mania.
• C) suicidal urges.
• D) linkage analysis.

Recognize the normal balances of various accounts related to sales and returns.

Apply accounting principles to transactions involving sales discounts, sales returns, and sales allowances.

Identify and categorize accounts as asset, liability, or equity and their normal balances.

Analyze transactions involving sales tax and determine the correct journal entries.

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Definitions:

Peace and Harmony

A state of tranquility and agreement, free from conflict or discord among individuals or groups.

Corporate Manager

A high-level executive who is responsible for managing the operations and strategic direction of a corporation or a significant part of it.

Shareholders' Benefits

Advantages or privileges that come with owning shares in a company, including dividends, voting rights, and potential appreciation of share value.

Corporate Costs

Expenses incurred by a corporation in the course of doing business.