This Question: 1 pt 25 of 41 (21 complete) ? This Test: 41 pls po Bota Group pur

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This Question: 1 pt 25 of 41 (21 complete) ? This Test: 41 pls po Bota Group purchas,00 The maket vaue od as e $1,0,00 and0 00 respectively. The journal entry to record this will include: O A. debit to Asset accounts for $1,000,000, credit to Gain on Investments $120,000 and credit to Cash $880,000 O B. debit to Investments for $1,000,000. credit to Cash $880,000 and credit to Gain on Investment S120.000. O C. debit to Asset accounts for $1,000,000, debit to Go?dwill $180,000, credit to Liabilities $300,000 and credit to Cash $880,000 O D. debit to Investments for $880,000, credit to Cash $880,000 Click to select your answer Type here to search

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ans)c

DATE Account name Debit$ credit$ Asset 1000000 Good will 180000    liabilities 300000 cash 880000

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