Question: Green Services, Inc. invests its excess cash in Creative Technologies. Inc. and acquires 3,000 shares for $61.75 per share. Green Services, Inc. owns less than

Green Services, Inc. invests its excess cash in Creative Technologies. Inc. and acquires 3,000 shares for $61.75 per share. Green Services, Inc. owns less than 1% of Creative's voting stock and plans to hold the stock for two years. While preparing the journal entry to record this transaction
A. Long-term Investments-Trading Investments is credited for $185,250
B. Long-term Investments-Available-for-Sale is debited for $185,250
C. Long-term Investments-Significant Interest Investments is debited for $185,250
D. Long-term Investments-Held-to-Maturity is debited for $185,250

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