April and Cammy Are Partners Who Have Agreed to Admit

Multiple Choice

April and Cammy are partners who have agreed to admit Elena,who will invest $30,000 for a 20 percent interest.The previous capital balances were $30,000 and $60,000 for April and Cammy,respectively.April and Cammy had shared profits and losses equally.What amount will be recorded in Elena's Capital account?

A) $12,000 credit
B) $24,000 credit
C) $30,000 credit
D) $18,000 credit