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Jarvis Corporation makes an investment in 100 shares of Saxton Company's common stock. The stock is purchased for $40 a share plus brokerage fees of

Jarvis Corporation makes an investment in 100 shares of Saxton Company's common stock. The stock is purchased for $40 a share plus brokerage fees of $300. The entry for the purchase is:

a. Debt Investments 4,000

cash 4,000

b. Stock Investments 4,300

cash 4,300

c. Stock Investments 4,000

Brokerage Fee Expense 300

cash 4,300

d. Stock Investments 4,000

cash 4,000

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