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Moto City, Inc. purchased 42.000 shares of Shaw common stock for $235,000. This represents 40% of the outstanding stock. The entry to record the transaction

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Moto City, Inc. purchased 42.000 shares of Shaw common stock for $235,000. This represents 40% of the outstanding stock. The entry to record the transaction includes a: Multiple Choice Debillo Debrecen for $235.000 Debit to Equy Wemod Investments for $235.000. Debit so Shor-Team Investment-AFS for $235.000. O Credit to Equity Mothed Investments for S226,000 Detait to Long-Term Investments for $235.000

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