An Owner Investment of Land Valued at $20,000 and a Building

question 85

Multiple Choice

An owner investment of land valued at $20,000 and a building valued at $55,000 into the business would include a:

• A)debit to the land and building account for $75,000.
• B)debit to the land account for $75,000.
• C)debit to the capital account for $75,000.
• D)debit to the building account for $55,000.

Grasp the effectiveness of different communication mediums for delivering sensitive news.

Understand the significance of offering apologies and explanations in business communications.

Learn to view challenges as opportunities for organizational improvement.

Understand the role of a buffer in preparing the recipient for bad news.

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Definitions:

General Motors

A multinational corporation based in the United States that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Moral Hazard

A situation where one party in an agreement can take risks because the other party bears the consequences of those risks.

Theft

The act of stealing, or unlawfully taking someone else's property without their permission with the intent to permanently deprive them of it.

Lock

A mechanism for controlling access, ensuring security by preventing or limiting access to a location or object.