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13. Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported a
13.
Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported a $8,600 net loss. Zach Company's entry would include a
a.credit to a loss account for $3,870
b.debit to the investment account for $3,870
c.credit to cash for $3,870
d.credit to the investment account for $3,870
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