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

Question 82

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}{llr}   \text { Unrealized Loss on Long-Term Investments  } &6,000\\  \text { Allowance to Adjust Long Term Investment to Market } &&6,000\\ \end{array}    B)  \begin{array}{llr}   \text {Allowance to Adjust Long Term Investment to Market  } &10,000\\  \text {  Unrealized Loss on Long-Term Investments } &&10,000\\ \end{array}     C)  \begin{array}{ll} \text { Unrealized Loss on Long-Term Investments } & 10,000 \\ \text { Allowance to Adjust Long Term Investment to Market }&&10,000 \end{array}   D)  \begin{array}{llr}   \text {Allowance to Adjust 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)  Unrealized Loss on Long-Term Investments 6,000 Allowance to Adjust Long Term Investment to Market 6,000\begin{array}{llr} \text { Unrealized Loss on Long-Term Investments } &6,000\\ \text { Allowance to Adjust Long Term Investment to Market } &&6,000\\\end{array}

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

C)  Unrealized Loss on Long-Term Investments 10,000 Allowance to Adjust Long Term Investment to Market 10,000\begin{array}{ll}\text { Unrealized Loss on Long-Term Investments } & 10,000 \\\text { Allowance to Adjust Long Term Investment to Market }&&10,000\end{array}
D) Allowance to Adjust Long Term Investment to Market 6,000 Unrealized Loss on Long-Term Investments6,000\begin{array}{llr} \text {Allowance to Adjust Long Term Investment to Market } &6,000\\ \text { Unrealized Loss on Long-Term Investments} &&6,000\\\end{array}

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