2. David's wife, Cindy, in keeping his books and records has recorded $50,000 in the account Capital, David. A. This amount is in error; in the initial year of operations this number should be zero. B. This amount is correct and was properly recorded on formation of the entity by a debit to cash for $50,000 and a credit to Capital, David for $50,000. C. This amount Is not correct because David should have taken dividends from the LLC which would have reduced this balance to zero. D. Since this is an LLC there should not be any capital accounts