Barr Company acquires 60, 10%, 5 year, €1,000 Community bonds on January 1, 2011 for €61,250.This includes a brokerage commission of €1,250. The journal entry to record this investment includes a debit to
A) Debt Investments for €60,000.
B) Debt Investments for €61,250.
C) Cash for €61,250.
D) Share Investments for €60,000.
Correct Answer:
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