my selected answers were wrong. help plz

Question 3 x How are trading securities classified on the balance sheet? Selected Answer: b. either current or long-term asset, depending on how long the company expects to hold onto it Answers: a short-term asset b. either current or long-term asset, depending on how long the company expects to hold onto it c. stockholders' equity d. long-term asset Question 4 What is controlling interest? Selected Answer: a. when ownership is 50% or more Answers: a. when ownership is 50% or more b. when ownership is 20% - 50% C. when ownership is > 20% d. when ownership is > 50% Question 11 O out of 1 points A company owns 10,000 shares of XYZ Corporation. XYZ Corporation has 85,000 shares outstanding and paid a dividend of $2 per share to stockholders. How should this X dividend be recorded? Selected Answer: cdebit investment, credit cash Answers: a. debit cash, credit investment b. debit investment, credit dividend income c.debit investment, credit cash d. debit cash, credit dividend income Question 14 O out of 1 points Tulip Corporation purchased 26,600 shares of Rose Corporation for $350,000. Rose Corporation has a total of 140,000 shares outstanding, Rose Corporation has Nl of X 5560,000 and paid total dividends of $280,000. How should Nl be recorded? Selected Answer: cdebit cash, credit investment income $106,400 Answers: a. debit investment account, credit dividend income $53.200 b. debit investment, credit investment income $560,000 c. debit cash, credit investment income $106,400 d. no journal entry to record this Question 18 O out of 1pc Six months ago a company purchased C/S of another company for $87,000. This investment was classified as available for sale. At year-end, the C/S was valued at X $92,000. How should the adjusting entry be recorded? Selected Answer: a. debit investment, credit unrealized gain Answers: a. debit investment, credit unrealized gain b. debit allowance to adjust, credit unrealized gain c. debit allowance to adjust, credit unealized loss d. debit unrealized loss, credit investment Question 21 Which of the following would record unrealized gains and losses? Selected Answer: C. selling security Answers: a. debt security b. held-to-maturity C. selling security d. available-for-sale estion 22 When does a company account for long-term equity investments using the equity method? Selected Answer: a. when ownership is > 50% Answers: a. when ownership is > 50% b. when ownership is