When the maturities of a bond issue are spread over several dates, the bonds are called: a. Debenture bonds b. Tem bonds c. Bearer bonds d. Serial bonds When bonds are redeemed below carrying value: a. Loss on Redemption of Bonds is debited b. Retained Earnings is credited c. Gain on Redemption of Bonds is credited d. Retained Earnings is debited In February 12, Addison, inc, purchased 6,000 of Lucas Company at $22 per share plus a $240 brokerage fee. On August 22, Lucas paid a $0.42 dividend per share. On November 10, 4,000 shares of Lucas stock were sold for $28 per share less a $160 brokerage fee. The journal entry to record the purchase would include: c. Credit to Cash for $132,000 d. Debit to investments for $132,000 On January 2, 2016. valuation Allowance for Trading investments had a zero balance. On December 31, 2016, the cost of the grading securities portfolio was $54,000, and the fair value was $57, 600. Prepare the December 31, 2016 adjusting journal entry to record the unrealized gain or loss on investments