Fitz Co. purchased 700 Swoop Corporation common shares at $50 per share plus $100 commission. World Co. intends to hold these shares for six to twelve months for the purpose of realizing gains in share price fluctuation. The entry to record this purchase is

Select one:

a.

No entry

b.

Dr. Short term Investment - Swoop Cost 35,100 Cr. Cash 35,100

c.

Dr. Short Term Investment - Swoop Corp 35,000

Dr. Comission fee expense 100

Cr. Cash 35,100

d.

Dr. Cash 35,100

Cr. Short term investment - Swoop Corp 35,100