Use This Information to Answer the Following Question B) C)
Question 13
Question 13
Multiple Choice
Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation: The entry to adjust the Allowance to Adjust Long-Term Investments to Market in 2010 is:
A) Unrealized Loss on Long-Term Investments Allowance to Adiust Long Term Investment to Market 6,0006,000
B) Allowance to Adiust Long Term Investment to Market Unrealized Loss on Long-Term Investments 10,00010,000 C) Unrealized Loss on Long-Term Investments Allowance to Adiust Long Term Investment to Market 10,00010,000
D) Allowance to Adiust Long Term Investment to Market Unrealized Loss on Long-Term Investments6,0006,000
Correct Answer:
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