Six months ago, a company purchased an investment in stock for $65,000. This investment is considered available-for-sale. The current market value of the stock is $68, 500. The company should record a: Debit to Unrealized Loss-Equity for $3, 500. Credit to Unrealized Gain-Equity for $3, 500. Debit to Investment Revenue for $3, 500. Credit to Market Adjustment - Available-for-Sale for $3, 500. Credit to Investment Revenue for $3, 500. If a company owns more than 20% of the stock of another company and the stock is being held as a long-term investment, which method would the investor normally use to account for this investment? Equity method. Market value method. Historical cost method. Straight-line method. Effective method. Epoxy Corporation owns 30% of Super Glue Corporation. Epoxy Corporation received $9,000 in cash dividends from Super Glue Corporation. The entry to record receipt of these dividends is: Debit Cash, $9,000; credit Long-Term Investments, $9,000. Debt Long-Term Investment, $9,000; credit Cash, $9000. Debit Cash, $9,000; credit Dividend Revenue, $9,000. Debit Unrealized Gain-Equity, $9,000; credit Cash. $9,000. Debit Cash, $9,000; credit Unrealized Gain-Equity, $9,000