Question 2 5 pts At the time of acquisition of a debt investment, the historical cost principle applies. no journal entry is required. O the Stock Investments account is debited when bonds are purchased. the Investment account is credited for its cost plus brokerage fees. Question 8 5 pts Consolidated financial statements are prepared when a company owns of the common stock of another company. O more than 50% o less than 20% between 20% and 50% o less than 50%