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Use This Information to Answer the Following Question B) C)

Question 90

Multiple Choice

Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation: $Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation: The entry to adjust the Allowance to Adjust Long-Term Investments to Market in 2010 is: A) \begin{array}{l} \text { Unrealized Loss on Long-Term Investments }&6,000\\ \text { Allowance to Adiust Long Term Investment to Market }&&6,000 \end{array} B) \begin{array}{l} \text {Allowance to Adiust Long Term Investment to Market }&10,000\\ \text {Unrealized Loss on Long-Term Investments }&&10,000 \end{array} C) \begin{array}{l} \text { Unrealized Loss on Long-Term Investments }&10,000\\ \text { Allowance to Adiust Long Term Investment to Market }&&10,000 \end{array} D) \begin{array}{l} \text { Allowance to Adiust Long Term Investment to Market }&6,000\\ \text { Unrealized Loss on Long-Term Investments}&&6,000 \end{array}$
The entry to adjust the Allowance to Adjust Long-Term Investments to Market in 2010 is:

A)
$\begin{array}{l}\text { Unrealized Loss on Long-Term Investments }&6,000\\\text { Allowance to Adiust Long Term Investment to Market }&&6,000\end{array}$

B) $\begin{array}{l}\text {Allowance to Adiust Long Term Investment to Market }&10,000\\\text {Unrealized Loss on Long-Term Investments }&&10,000\end{array}$
C) $\begin{array}{l}\text { Unrealized Loss on Long-Term Investments }&10,000\\\text { Allowance to Adiust Long Term Investment to Market }&&10,000\end{array}$

D) $\begin{array}{l}\text { Allowance to Adiust Long Term Investment to Market }&6,000\\\text { Unrealized Loss on Long-Term Investments}&&6,000\end{array}$