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On February 15, Jewel Company buys notes of Marcelo Corp. for $200,510. The investment is classified as long-term available-for-sale securities. This is the company's first

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On February 15, Jewel Company buys notes of Marcelo Corp. for $200,510. 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 $200,510; Credit Cash $200,510 Debit Debt Investments-AFS $200,510, credit Notes Payable $200,510 Debit Debt Investments - Trading $200,510 credit Cash $200.510. Debit Debt investments-Trading $200,510 credit Notes Payable $200,510 Debit Long-Term Investments---AFS $200,510, credit Cash $200,510

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