15) Mr. Bryant invested $50,000 cash in a new corporation. The new corporation will record this transaction with a debit to_____.
A. Cash and a credit to Paid-in Capital for $50,000
B. Paid-in Capital and a credit to Retained Earnings for $50,000
C. Retained Earnings and a credit to Cash for $50,000
D. Cash and a credit to Retained Income for $50,000
15)
