Robert Haddon Contributed $70,000 in Cash and Some Land Worth $\begin{array} { | c | c | c | } \hline \text { Assets } & 200,000 & \\\hline \text { Common Stock } & & 200,000 \\\hline\end{array}$

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

A) $\begin{array} { | c | c | c | } \hline \text { Assets } & 200,000 & \\\hline \text { Common Stock } & & 200,000 \\\hline\end{array}$
B) $\begin{array} { | c | c | c | } \hline \text { Cash and Land } & 200,000 & \\\hline \text { Common Stock } & & 200,000 \\\hline\end{array}$
C) $\begin{array}{|l|r|r|}\hline \text { Cash } & 70,000 & \\\hline \text { Land } & 130,000 & \\\hline \text { Common Stock } & & 200,000 \\\hline\end{array}$
D) $\begin{array} { | c | r | r | } \hline \text { Common Stock } & 200,000 & \\\hline \text { Cash } & & 70,000 \\\hline \text { Land } & & 130,000 \\\hline\end{array}$
E) $\begin{array} { | c | c | c | } \hline \text { Common Stock } & 200,000 & \\\hline \text { Assets } & & 200,000 \\\hline\end{array}$