In this paper we study solvability of the Cauchy problem of the Kawahara equation 偏导dtu + au偏导dzu + β偏导d^3xu +γ偏导d^5xu = 0 with L^2 initial data. By working on the Bourgain space X^r,s(R^2) associated with this equation, we prove that the Cauchy problem of the Kawahara equation is locally solvable if initial data belong to H^r(R) and -1 〈 r ≤ 0. This result combined with the energy conservation law of the Kawahara equation yields that global solutions exist if initial data belong to L^2(R).