On February 15, Jewel Company buys notes of Marcelo Corp. for $202,110. The investment is classified as long-term available-for-sale securities. This is the companys first and only investment in available-for-sale securities. The journal entry to record the purchase on February 15 is:

Multiple Choice

• Debit Debt InvestmentsAFS $202,110; credit Notes Payable $202,110.

• Debit Debt InvestmentsHTM $202,110; credit Cash $202,110.

• Debit Debt InvestmentsTrading $202,110; credit Notes Payable $202,110.

• Debit Long-Term InvestmentsAFS $202,110; credit Cash $202,110.

• Debit Debt InvestmentsTrading $202,110; credit Cash $202,110.