Meggie's Corporation Purchased Investments for $80,000 Cash $\begin{array}{llr} \text {Investments } &80,000\\ \text { Cash } &&80,000\\\end{array}$

Meggie's Corporation purchased investments for $80,000 cash.The journal entry to record the outflow of cash is:

A)
$\begin{array}{llr} \text {Investments } &80,000\\ \text { Cash } &&80,000\\\end{array}$

B)
$$\begin{array} { l } \text { Cash } &80,000 \\\quad \text { Investments }&&80,000\end{array}$$
C)
$$\begin{array} { l } \text { Investments } &80,000 \\\text { Purchases } &&80,000 \\\end{array}$$
D)
$$\begin{array} { l l l } \text { Purchases }& 80,000 \\\text { Investments }&& 80,000\end{array}$$