The Ben and Jill partnership agrees to admit Fred with a one-third interest for $14,000. Ben and Jill's capital balances are $18,000, and $8,000, respectively, and they share profits and losses equally. The entry to admit Fred would include:

A) debit Cash $14,000; credit Fred, Capital $14,000.
B) debit Cash $14,000; credit Ben, Capital $3,500; debit Jill, Capital $3,500; credit Fred, Capital $7,000.
C) debit Cash $26,000; credit Ben, Capital $13,000; credit Jill, Capital $13,000.
D) debit Cash $26,000; debit Ben, Capital $6,500; credit Jill, Capital $6,500; credit Fred, Capital $13,000.