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Work out the JOURNAL ENTRY WORKSHEET

Work out the journal entry worksheet. Nov 1. Received semiannual interest of $3.0 million from the convenience, Inc.

Dec 1. Purchased 10% bonds of facsimile enterprises at their $72 million face value, to be held until they mature in 2024. semiannual interest payable May 31 and November 30

Dec 31. Purchased U.S. Treasury bills to be held until they mature in two months for $10.7 million

Dec 31. Record the interest accrued on convenience, Inc. bonds.

Dec 31. Record the interest accrued on Facsimile Enterprises bonds.

Dec 31. Prepare any journal entry needed to adjust the investments for fair value.

Nov. Dec. 1 Received semiannual interest of $3.6 million from the Convenience, Inc., bends. 1 Purchased 10% bonds of Facsimile Enterprises at their $72 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 30. 31 Purchased U.S. Treasury bills to be held until they mature in two months for $19.7 sillion. 31 Recorded any necessary adjusting entry(s) relating to the investments. The fair values of the investments at December 31 were: Convenience bonds Facsimile Enterprises bonds 1.5. Treasury bills $71.7 million 72.9 million 10.7 million Requlred: Prepare the appropriate journal entry for each transaction or event (If no entry is requlred for a transaction event, select "No Journal entry required" In the first account field. Enter your answers in millions rounded to 1 decimal place (l.e., 5,900.000 should be entered as 5.5).) View transaction list Journal entry worksheet 1 2 3 4 5 6 > Received semiannua interest of $3.0 million from the Convenience, Inc., bonds. Note: En debit before credits Date General Journal Debit Credit Nov 01 Nov. Dec. 1 Received semiannual interest of $3.0 million from the Convenience, Inc., bonds. 1 Purchased 10% bonds of Facsimile Enterprises at their $72 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 3e. 31 Purchased U.S. Treasury bills to be held until they mature in two months for $18.7 million. 31 Recorded any necessary adjusting entry(s) relating to the investments. The fair values of the investments at December 31 were: Convenience bonds Facsimile Enterprises bonds U.S. Treasury bills $71.7 million 72.9 million 19.2 million Required: Prepare the appropriate journal entry for each transaction or event. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field. Enter your answers In millions rounded to 1 decimal place (I.e., 5,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet Record the interest accrued on Facsimile Enterprises bonds. Noter dabis beror credit Date General Journal Debit Credit Dec 31 Prey Next Nov. Dec. 1 Received semiannual interest of $3.8 million from the Convenience, Inc., bonds. 1 Purchased 10% bonds of Facsimile Enterprises at their 972 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 32. 31 Purchased U.S. Treasury bills to be held until they mature in two months for $18.7 million. 31 Recorded any necessary adjusting entry(s) relating to the investments. The fair values of the investments at December 31 were: Convenience bonds Facsimile Enterprises bonds U.S. Treasury bills $71,7 million 72.9 million 18.7 million Required: Prepare the appropriate journal entry for each transaction or event (If no entry is required for a transaction event. select "No Journal entry required" In the first account fleld. Enter your answers in mllllons rounded to 1 decimal place (.e., 3,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet