Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 3,000 shares for $57.00 per share. Amazon Services, Inc. owns less than 1% of Nile's voting stock and plans to hold the stock for two years. While preparing the journal entry to record this transaction, O A. Equity Investments is debited for $171,000 O B. Long-term Investments is credited for $171,000 O c. An equity account is debited for $171,000 OD. Common Stock is debited for $171,000 Gaines Corporation invested $120,000 to acquire 22,000 shares of Owens Technologies, Inc. on March 1, 2018. On July 2, 2019, Owens pays a cash dividend of $3.25 per share. The investment is classified as equity securities with no significant influence. Which of the following is the correct journal entry to record the transaction on July 2, 2019? O A. Cash Equity Investments 71,500 71,500 71,500 O B. Cash Retained Earnings 71,500 71,500 71,500 O C. Equity Investments Cash OD. Cash Dividend Revenue 71,500 71,500 Premier Services, Inc. pays $2,250,000 to acquire 35% of voting stock of Blue Investments, Inc. on March 5, 2019. Which of the following is the correct journal entry for the transaction? 2,250,000 2,250,000 2,250,000 2,250,000 O A. Cash Revenue from Investments O B. Common Stock HoldingsBlue Investments, Inc. Cash O C. Equity InvestmentsBlue Investments, Inc. Cash OD. Cash Equity InvestmentsBlue Investments, Inc. 2,250,000 2,250,000 2,250,000 2,250,000 Global Commerce Corporation purchased trading debt investments for $22,000 on December 31, 2018. There is a decrease of $5,200 in the fair value of the trading debt investments by the end of the year 2019. Which of the following is the correct journal entry? 5,200 5,200 5,200 5,200 O A. Unrealized Holding LossTrading Fair Value Adjustment-Trading OB. Unrealized Holding LossTrading Retained Earnings O C. Trading Debt Investments Unrealized Holding Loss-Trading OD. Fair Value AdjustmentTrading Unrealized Holding Loss-Trading 5,200 5,200 5,200 5,200