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Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $60,000; an Allowance for Doubtful Accounts

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Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $60,000; an Allowance for Doubtful Accounts of $9,000; and $6,000 cash. The entry that the partnership makes to record Nate's initial contribution includes a a. Debit to Allowance for Doubtful Accounts for $9,000 b. Credit to Nate, Capital for $66,000 c. Debit to Accounts Receivable for $51,000 d. Credit to Nate. Capital for $57,000

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