Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $59500; an Allowance for Doubtful Accounts of $8700 (as estimated by the partnership); and $5300 cash. The entry that the partnership makes to record Nate’s initial contribution includes

a. Credit to Nate, Capital for $64800.

b. Credit to Nate, Capital for $64800.

d. Debit to Accounts Receivable for $50800.

d. Credit to Nate, Capital for $56100.