The fundamental accounting equation, also called the balance sheet equation, is the foundation for the double-entry bookkeeping system and the cornerstone of accounting science. In the accounting equation, every transaction will have a debit and credit entry, and the total debits (left side) will equal the total credits (right side). In other words, the accounting…
When someone experiences dissonance, they hold conflicting cognition—one part of them recognizes the abuse, while another part justifies it to maintain the relationship. This internal battle creates psychological stress, making it difficult to take action. Cognitive dissonance often arises during decision-making, particularly when individuals are faced with similar attractive options. The psychological discomfort experienced during…