At the end of the most recent financial year, Company D has a Debt Investment.

The Amortized Cost of the Debt Investment is $300,000

Company D decides that the Debt Investment is held for trading purposes.

The Fair Value at the year-end is $275,000.

The Journal Entry to record Fair Value includes:

Select one:

a. Debit: Unrealized Holding Gain - Income $25,000

b. Debit: Unrealized Holding Loss - Income $25,000

c. Credit: Unrealized Holding Loss - Income $25,000

d. Debit: Unrealized Holding Gain - Income $25,000

e. None of these answers