If an Individual Invests More Cash for an Interest in an Existing

If an individual invests more cash for an interest in an existing partnership than the book value of his or her interests, an entry is made to debit

A) Cash and credit the Income Summary account for the excess.
B) Cash and credit the drawing account of each existing partner.
C) Cash and credit the capital account of each existing partner.
D) each existing partner's capital account and credit Cash.