Elaine Matuszek, the sole stockholder of Matuszek Consulting, started the business by investing $49,000 cash. Identify the general journal entry below that Matuszek Consulting will make to record the transaction.
A. Investments 49,000
Common Stock 49,000
B. Cash 49,000
Common Stock 49,000
C. Cash 49,000
Increased Equity 49,000
D. Investments 49,000
Cash 49,000
E. Common Stock 49,000
Cash 49,000