Use the Following Information to Answer Questions Bellow

Use the following information to answer Questions bellow
Patel and Rao decide to form a partnership. Patel contributes $300,000 in cash. Rao contributes buildings and equipment with a fair market value of $500,000, subject to a mortgage of $150,000, which the partnership assumes.
-If each partner's capital account is initially set equal to net assets invested at fair market value, the entry to record the partnership formation includes the following:

A) A credit to Patel's capital account for $150,000.
B) A credit to Patel's capital account for $325,000.
C) A credit to Rao's capital account for $500,000.
D) A credit to Rao's capital account for $350,000.