Richard Redden Contributed $70,000 in Cash and Land Worth $130,000

Multiple Choice

Richard Redden contributed $70,000 in cash and land worth $130,000 to open a new business,RR Consulting.Which of the following general journal entries will RR Consulting make to record this transaction?

A) Debit Assets $200,000;credit Redden,Capital,$200,000.
B) Debit Cash and Land,$200,000;credit Redden,Capital,$200,000.
C) Debit Cash $70,000;debit Land $130,000;credit Redden,Capital,$200,000.
D) Debit Redden,Capital,$200,000;credit Cash $70,000,credit Land,$130,000.
E) Debit Redden,Capital,$200,000;credit Assets,$200,000.