A Business Is Started by Receiving $5,000 Cash from the Owner.Please

question 134

Essay

A business is started by receiving $5,000 cash from the owner.Please provide the journal entry (debits first,credits second.)
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

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Definitions:

Behavior Expectations

Standards or rules regarding how individuals should act in specific situations or environments.

Societal Laws

Societal laws are rules and regulations established by a community or country to regulate behavior and maintain order and peace among its members.

Conventional Stage

A stage in moral development where individuals' reasoning is based on conforming to social norms and expectations.

Kohlberg

Refers to Lawrence Kohlberg, who developed a theory of moral development consisting of three levels and six stages.