common to a new business Cons u lt Samuel Sorenson, the sole stockholder, contributed 1.000 in cash and and worth $2.000 in the general journal entries wil 55 Consulting to record transaction! o Debit Cash and Land, 3233.000; Credit Common stock 8233.000. Debit Common Stock 5233000: 213.000 Debit assets $23.000 Credit Common Stock 3000 Debit Cash 51000 bitandi 5152000: Cree Common 13.000 Dean common stock, 8235,000 credt cash s oon credit and 152.000