Sources of Finance

. The entry to record a sale of trading securities for $65,000 on January 3, 2018, that were purchased for $52,000 on November 21, 2017, and had a fair value on December 31, 2017, of $57,000 would include a

a. credit to Unrealized Holding Gain/Loss-Trading Securities of $8,000

b. debit to Unrealized Holding Gain/Loss-Trading Securities of $5,000

c. debit to Investment in Trading Securities of $5,000

d. credit to Gain on Sale of Trading Securities of $8,000