On June 1, 2015, Rock Corp

Multiple Choice

On June 1, 2015, Rock Corp.purchased Chan Corp.common shares for $9,300 as a trading investment.Three months later, Rock sold these shares for $10,000.The entry to record the sale would include a

A) debit to Cash of $9,300.
B) credit to Interest Revenue of $700.
C) credit to Trading Investments of $10,000.
D) credit to Realized Gain on Trading Investments of $700.