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Sammy Davis opens Sunny Car Wash for business as a sole proprietor. He personally invests...

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Accounting

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Sammy Davis opens Sunny Car Wash for business as a sole proprietor. He personally invests $30,000 and gets to work right away. What is the correct journal entry for this transaction? a Dr. Cash $30,000 Cr. Owner's Equity ($15,000) Cr. Notes Payable ($15,000) Cr. Owner's Equity ($15,000) Cr. Owner's Equity ($30,000) Notes Payable ($30,000) Ob. D. Dr. Cash $30,000 C.Dr. Cash $30,000 d. Dr. Cash $30,000

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