Purple Corporation pays $524,000 to acquire 42% of the equity securities of Blue, Inc. on May 5, 2019. In the journal entry to record this transaction A. Revenue from Investments will be credited for $524,000 B. Common Stock HoldingsBlue Inc. will be debited for $524,000 C. Equity InvestmentsBlue Inc. will be credited for $524,000 OD. Equity InvestmentsBlue Inc. will be debited for $524,000 Landings Glassware Company issues $1,150,000 of 15%, 10-year bonds at 95 on February 28, 2019. The bonds pay interest on February 28 and August 31. The journal entry to record the issuance includes a A. credit to Bonds Payable for $1,092,500 O B. credit to Discount on Bonds Payable for $57,500 C. debit to Cash for $1,092,500 D. debit to Cash for $1,150,000