The Journal Entry to Record the Investment of Cash by the Owners

question 123

Multiple Choice

The journal entry to record the investment of cash by the owners of a business would require a debit to the cash account and a credit to

• A) investments.
• B) revenue.
• C) owner's capital.
• D) accounts receivable.

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Definitions:

Destructive Leaders

Leaders who have a deleterious effect on their followers, organizations, or both, usually through toxic, unethical, or incompetent practices.

Destructive Leadership

A leadership approach characterized by the systematic and repeated behavior by a leader that violates the legitimate interest of the organization by undermining and/or sabotaging the organization’s goals, tasks, resources, and effectiveness and/or the motivation, well-being or job satisfaction of his/her subordinates.

Unstable

Lacking stability; prone to sudden change or unpredictability in terms of physical, emotional, or situational conditions.

Ethical Leadership

Involves guiding a group or organization with values, integrity, and actions that are morally right.