Richard Redden, the sole stockholder, contributed $72,000 in cash and land worth $134,000 in exchange for common stock to open a new business, RR Consulting. Which of the following general journal entries will RR Consulting make to record this transaction? Multiple Choice Debit assets $206,000; Credit Common Stock, $206,000. Debit Cash and Land, $206,000; Credit Common Stock, $206,000. Debit cash $72.000; debit land $134,000: Credit Common Stock, $206,000. Debit Common Stock, $206,000: credit cash $72,000; credit land $134,0oo