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Opened a bank account in the name of Hair It Is and deposited $ 2 0 , 0 0 0 of her own money in

Opened a bank account in the name of Hair It Is and deposited $20,000 of her own money in this account as her initial investment the journal entries to record the transaction
Dr . Equipment 4,800 Cr. Owner?s Capital 4,800(Purchase of equipment on account)
Dr . Equipment 4,800 Cr. Accounts Payable 4,800(Purchase of equipment on account)
Dr. Cash 20,000 Cr . Equipment 20,000(Owner?s investment of cash in business)
Dr. Cash 20,000 Cr . Owner?s Capital 20,000(Owner?s investment of cash in business)
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