This Question: 1 pt 25 of 41 (7 complete) This Test: 41 pts possible Wonderland Inc purchased Cheshire Co for $860,000 The market value of Cheshire's assets and liabilities at the time of purchase were $970,000 and $200 000 respectively The journal entry to record this will include O A. debit to Investments for $970,000, credit to Cash 5860,000 and credlt to Gain on Investment $110,000 O B. debit to Investments for $860 000 credit to Cash 5860,000 O C. debit to Asset accounts for $970 000, credit to Gain on Investments $110.000 and credit to Cash $860.000 D. debit to Asset accounts for S970 000 debit to Good 1590 000 credit to uablises S200 000 and credit to Cash S860 doo