Joshua Scott Invests $40,000 into His New Business

Multiple Choice

Joshua Scott invests $40,000 into his new business.How would this transaction be entered in the journal in good form?

A) ​Cash 40,000
Common Stock 40,000
Issued common stock for cash.
B) ​Accounts Receivable 40,000
Common Stock 40,000
Issued common stock for cash.
C) ​Common Stock 40,000
Cash 40,000
Issued common stock for cash.
D) Loans Payable 40,000
Cash 40,000
Issued common stock for cash.