USA K1 Question

[Justin G]

If "New Investor" buy a 10% interest in a company for $100,000 from "Existing Investor", is it acceptable for the $100,000 to be listed in Part II Section L "Capital contributed during the year"? The transaction was between two investors. The money did not go to the company. I understand that maybe there are other ways to account for this transaction but is this method acceptable?