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Use This Information to Answer the Following Question  Long-Term Investments 16,000 Realized Loss 16,000\begin{array}{ll}\text { Long-Term Investments } & 16,000 \\\text { Realized Loss } &&16,000\end{array}

Question 11

Multiple Choice

Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation:  Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation:   The entry to set up the Allowance to Adjust Long-Term Investments to Market in 2009 is:   A)   \begin{array}{ll} \text { Long-Term Investments } & 16,000 \\ \text { Realized Loss } &&16,000 \end{array}    B)   \begin{array}{ll} \text { Realized Los } & 16,000 \\ \text { sLong-Term Investments } &&16,000 \end{array}      C)   \begin{array}{llr}   \text {  Allowance to Adjust Long-Term Investments to Market } &16,000\\  \text { Long-Term Investments  } &&16,000\\ \end{array}    D)   \begin{array}{llr}   \text {  Unrealized Loss on Long-Term Investments} &16,000\\  \text { Allowance to Adjust Long-Term Investments to Market } &&16,000\\ \end{array}     The entry to set up the Allowance to Adjust Long-Term Investments to Market in 2009 is:


A)
 Long-Term Investments 16,000 Realized Loss 16,000\begin{array}{ll}\text { Long-Term Investments } & 16,000 \\\text { Realized Loss } &&16,000\end{array}

B)
 Realized Los 16,000 sLong-Term Investments 16,000\begin{array}{ll}\text { Realized Los } & 16,000 \\\text { sLong-Term Investments } &&16,000\end{array}



C)
 Allowance to Adjust Long-Term Investments to Market 16,000 Long-Term Investments 16,000\begin{array}{llr} \text { Allowance to Adjust Long-Term Investments to Market } &16,000\\ \text { Long-Term Investments } &&16,000\\\end{array}

D)
 Unrealized Loss on Long-Term Investments16,000 Allowance to Adjust Long-Term Investments to Market 16,000\begin{array}{llr} \text { Unrealized Loss on Long-Term Investments} &16,000\\ \text { Allowance to Adjust Long-Term Investments to Market } &&16,000\\\end{array}


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