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Which of the following journal entries would be recorded if Christy Jones started a business and deposited cash of $3,000 into the business's bank account?
Officers
Individuals appointed or elected to manage and direct the affairs of an organization or governmental body, often with specific duties and responsibilities.
Quorum Requirements
The minimum number of members needed to be present for a group or organization to conduct official business or make decisions.
Business Judgment Rule
A legal principle that protects corporate directors from liability for decisions made in good faith, assuming they were informed and believed the decisions were in the company's best interest.
Board Of Directors
A group of elected or appointed members who jointly oversee the activities of a company or organization.
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