Question: Green Services, Inc. invests its excess cash in Creative Technologies, Inc. and acquires 2,000 shares for $54.25 per share. Green Services, Inc. owns less than

 Green Services, Inc. invests its excess cash in Creative Technologies, Inc.

Green Services, Inc. invests its excess cash in Creative Technologies, Inc. and acquires 2,000 shares for $54.25 per share. Green Services, Inc. owns less than 2% 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-Held-to-Maturity is debited for $108, 500 B. Long-term Investments-Available-for-Sale is debited for $108, 500 C. Long-term Investments Trading Investments is credited for $108, 500 D. Long-term Investments-Significant Interest Investments is debited for $108, 500

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