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Denzel Jones Owns and Operates Crystal Cleaning Company

Question 167

Multiple Choice

Denzel Jones owns and operates Crystal Cleaning Company. Recently, Denzel withdrew $10,000 from Crystal Cleaning, and he contributed $6,000, in his name, to Habitat for Humanity. The contribution of the $6,000 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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