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On February 15, Jewel Company buys notes of Marcelo Corp. for $200.310. 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 $200.310. 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 15ls Multiple Choice Debit Debt investments APS $200.310, credit Notes Payable $200,310. Debit Long-Term investments-APS $200,310, credit Cash $200,310 Debit Debt Investments --Trading S200,310, credit Notes Payable $200,310. Debit Debt investments-HTM $200,310, credit Cash $200,310 1903.cn Cash $200210

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