Victor Cruz contributed $70,000 in cash and land worth $130,000 to open a new business, VC Consulting, in exchange for common stock. Which of the following general joumal entries will VC Consulting make to record this transaction? Multiple Choice O Debit Accounts Payable $200,000: Credit Common Stock. $200.000 Credit Cash and Land, $200.000 Credit Common Stock $200,000 Debit Cash $70,000: Debit Land $130,000: Credit Common Stock. $200.000 Oo oo Debit Common Stock, $200,000: Credit Cash $70.000 Credit Land, 500,000 Debit Common Stock, 5200.000: Credit As , 5200.000