Investments at Fair Value Through Other Comprehensive Income with a Cost

question 27

Multiple Choice

Investments at fair value through other comprehensive income with a cost of $22,000 have a current market value of $22,600. The adjusting entry will require a:

• A) credit to other comprehensive income for $600
• B) credit to Investments for $600
• C) credit to Gain on Investment for $600
• D) debit to Investments for $22,600

---

Definitions:

Control Margins

The spacing or padding around interface elements or controls (e.g., buttons, fields) that helps differentiate and organize the elements within a design.

Form Design View

A mode in database applications that allows users to create and modify the layout of forms without affecting the underlying data.

Arrow Key

A key on a computer keyboard used to navigate or move the cursor in a specified direction within text documents or software applications.

Resize

To change the size of a window, image, or other objects on a computer screen.