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On February 15, Jewel Company buys notes of Marcelo Corp. for $200,110. The investment is classified as long-term available-for- sale securities. This is the company's

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On February 15, Jewel Company buys notes of Marcelo Corp. for $200,110. The investment is classified as long-term available-for- sale securities. This is the company's first and only investment in available-for-sale securities. The journal entry to record the purchase on February 15 is: Multiple Choice Debit Debt Investments-HTM $200,100; credit Cash $200,100. Debit Debt Investments-AFS $200,110; credit Notes Payable $200,100. Debit Debt Investments-Trading $200,100; credit Cash $200,100. O Debit Debt Investments-Trading $200,110; credit Notes Payable $200,110. O Debit Long-Term Investments-AFS $200,110, credit Cash $200,110

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