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Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment Tomas Corporation reported a $20,000

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Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment Tomas Corporation reported a $20,000 net loss. Zach Company's entry would indude a Oa. credit to the investment account for $9,000 Ob. debit to the investment account for $9,000 oc. credit to cash for $9,000 Od. credit to a loss account for $9,000

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