World Co. paid $45,000 to buy 10% Fenridge Power bonds payable. The bonds pay semi-annual interest on June 30th and December 31st. World Co. paid $100 commission. World Co. intends to hold these bonds for 9 months and then trade them. The entry to record this purchase is

Multiple Choice

Short Term Investment - Fenridge Power 45,000

Commission fee expense 100

Cash 45,100

Short Term Investment - Fenridge Power 45,100

Cash 45,100

No entry

Cash 45,100

Short Term Investment - Fenridge Power 45,100

Short Term Investment - Fenridge Power 45,100

Cash 100

Commission fee expense 45,000