used by a company 16. Robert Haddon contributed $70,000 in cash and 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. Debit Assets $200,000, credit Haddon, Capital, 5200,000 B. Debit Cash and Land, $200,000; credit Haddon, Capital, $200.000 C. Debit Cash $70,000; debit Land $130,000, credit Haddon, Capital, $200.000. D. Debit Haddon, Capital, 5200,000; credit Cash $70,000, credit Land, 5130,000 B. Debit Haddon, Capital, $200,000, credit Assets, 3200,000 17. The following transactions occurred during July: 1. Received 5900 cash for services provided to a customer during July 2. Received $2,200 cash investment from Barbara Hanson, the owner of the business. 3. Received $750 from a customer in partial payment of his account receivable which arose from sales in 4. Provided services to a customer or credit, $375. 5. Borrowed $6,000 from the bank by signing a promissory note. 6. Received $1,250 cash from a customer for services to be rendered next year. What was the amount of revenue for July? A $900 B. $ 1,275. C. 5 2.525 D. 53.275 E. 511,100. 15. Zad Bennett opened an art gallery and as a dealer completed these transactions 1. Started the gallery. Artery, by investing 540,000 cash and equipment valued at $15.000 2. Purchased 570 of office supplies on credit 3. Paid 51,200 cash for the receptionist's salary 4. Sold a painting for an artist and collected a $4.500 cail commission on the sale 5. Completed an art appraisal and billed the client $200