Barkely Corporation Has Invested in the Stock of Two Other

Multiple Choice

Barkely Corporation has invested in the stock of two other corporations,Hayes Corporation and Motz Corporation.Barkely does not own a controlling interest or exercise significant influence over either corporation.Barkely's accountant is preparing financial statements and has compiled the following information: What should be the balance in the Allowance to Adjust Long-Term Investments to Market account,based on the above information?

A) $2,000 credit
B) $4,000 debit
C) $4,000 credit
D) $2,000 debit