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Denzel Jones Is the Major Stockholder of Crystal Cleaning Company

Question 6

Multiple Choice

Denzel Jones is the major stockholder of Crystal Cleaning Company, a small corporation. Recently, Denzel received $18,000 of dividends from Crystal Cleaning. After receiving the dividends, he contributed $14,000, in his name, to Habitat for Humanity. The contribution of the $14,000 should be recorded on the accounting records of which of the following entities?


A) Crystal Cleaning and Habitat for Humanity
B) Denzel Jones' personal records and Habitat for Humanity
C) Denzel Jones' personal records and Crystal Cleaning
D) Denzel Jones' personal records, Crystal Cleaning, and Habitat for Humanity

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