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 Nates initial contribution includes a

credit to Nate, Capital for $64800.

debit to Allowance for Doubtful Accounts for $8700.

debit to Accounts Receivable for $50800.

credit to Nate, Capital for $56100.