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10. Robert Haddon contributed $70,000 in cash and some land worth $130,000 to open a new business, RH Consulting. Which of the following general journal

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10. Robert Haddon contributed $70,000 in cash and some land worth $130,000 to open a new business, RH Consulting. Which of the following general journal entries will RH Consulting make to record this transaction? A. Assets 200,000 Common Stock 200,000 B. Cash and Land 200,000 Common Stock 200,000 C. Cash 70,000 Land 130,000 Common Stock 200,000 D. Common Stock 200,000 Cash 70,000 Land 130,000 E. Common Stock Assets 200,000 200,000

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