On June 20, 2020, Lucie Majeau invested the following assets in a new sole proprietorship: cash, $12,000; office equipment, $6,000; land, $100,000; building, $115,000. Majeau owes the bank a $25,000 note payable that is secured by the land and building. Prepare the general journal entry to record Majeau's investments in the new business. The following journal entry is prepared to record the transaction: Jun 20 12,000 6,000 100,000 115,000 Cash Office Equipment Land Building Lucie Majeau, Capital Note Payable To record initial Investment by owner The journal entry 208,000 25.000 is prepared correctly True False