The Entry to Record an Owner Investment of $1,500 into the Business

question 29

Multiple Choice

• A) Dividends } & 1,500 & \\ \text { Equipment } & & 500 \\ \text { Cash } & & 1,000 \\ \text {
• B) Cash } & 1,500 & \\ \text { Dividends } & & 1,500 \\ \text {
• C) Cash } & 1,500 & \\ \text { Service Revenue } & & 1,000 \\ \text { Equipment } & & 500 \\ \text {
• D) Cash } & 1,000 & \\ \text { Equipment } & 500 & \\ \text { Common Shares } & & 1,500\end{array} \)

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Definitions:

Legal Custody

Involves the rights and responsibilities of a parent or guardian to make major decisions concerning the child's welfare, including education, healthcare, and religious training.

Blended Families

Families consisting of a couple and their children from this and all previous relationships.

Role Model/Mentor

A role model or mentor is a person whose behavior, example, or success is or can be emulated by others, especially by younger individuals.

Nuclear Families

A domestic arrangement where both parents and their kids cohabit as a singular family unit.