Greene Corporation Sells 300 Ordinary Shares Being Held as an Investment.The

Greene Corporation sells 300 ordinary shares being held as an investment.The shares were acquired six months ago at a cost of $50 a share.Greene sold the shares for $40 a share.The entry to record the sale is

A) $\begin{array} { l }\text {Cash. }&12,000 \\ \text { Loss on Sale of Share Investments}&3,000 \\ \text {Share Investments } &&15,000\\\end{array}$

B) $\begin{array} { l }\text {Cash } &15,000\\ \text { Gain on Sale of Share Investments}&&3,000 \\ \text {Share Investments } &&12,000\\\end{array}$

C) $\begin{array} { l }\text {Cash } &12,000\\ \text { Share Investments} &&12,000\\\end{array}$

D) $\begin{array} { l }\text { Share Investments } \\ \text {Loss on Sale of Share Investments } \\ \text { Cash} &&15,000\\\end{array}$