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Question 6 3.85 pts Eagle Lizotte, the sole stockholder, contributed $154,000 in cash and land...

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Accounting

Question 6 3.85 pts Eagle Lizotte, the sole stockholder, contributed $154,000 in cash and land worth $82,000 in exchange for common stock to open a new business, CB Consulting. Which of the following general journal entries will CB Consulting make to record this transaction? O Debit Cash and Land, $236,000; Credit Common Stock, $236,000. O Debit cash $154,000; debit land $82,000; Credit Common Stock, $236,000. O Debit Common Stock, $236,000; credit cash $154,000; credit land $82,000. O Debit Common Stock, $236,000; credit assets $236,000. 3.85 pts
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Question 6 entrles will CB Consulting make to record this tramaction? Debit Cash and Land, $236,000, Gied Common Stock, $236,000. Debit Common Stode $236,000; crede canh $154,000; credi land $52,000 Debit Common Stock. $236,000, credit assets $236,000

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