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) Eliasen, Inc. invests its excess cash in Creative Technologies, Inc. and acquires 3,300 shares for $32.50 per share. Eliasen, Inc. owns less than 2%

) Eliasen, Inc. invests its excess cash in Creative Technologies, Inc. and acquires 3,300 shares for $32.50 per share. Eliasen, Inc. owns less than 2% of Creative's voting stock and plans to hold the stock for two years. Which of the following is the correct journal entry for the transaction?

A) Debit Service Revenue $2,667, and credit Unearned Revenue $2,667.

B) Debit Unearned Revenue $5,333, and credit Service Revenue $5,333.

C) Debit Unearned Revenue $8,000, and credit Service Revenue $8,000.

D) Debit Service Revenue $5,333, and credit Accounts Receivable $5,333.

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