Prepare Natura Company's journal entries to record the following transactions involving its short-term investments in held-to-maturity...
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Prepare Natura Company's journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current year a. On June 15, paid $114,000 cash to purchase Remed's 90-day short-term debt securities ($114,000 principal), dated June 15, that pay 8% interest b. On September 16, received a check from Remed in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. Note: Use 360 days in a year. Do not round your intermediate calculations. View transaction list Journal entry worksheet 2 On June 15, paid $114,000 cash to purchase Remed's 90-day short-term debt securities ($114,000 principal), dated June 15, that pay 8% interest. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal > View transaction list Journal entry worksheet < 1 2 On September 16, received a check from Remed in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal Prepare Natura Company's journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current year a. On June 15, paid $114,000 cash to purchase Remed's 90-day short-term debt securities ($114,000 principal), dated June 15, that pay 8% interest b. On September 16, received a check from Remed in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. Note: Use 360 days in a year. Do not round your intermediate calculations. View transaction list Journal entry worksheet 2 On June 15, paid $114,000 cash to purchase Remed's 90-day short-term debt securities ($114,000 principal), dated June 15, that pay 8% interest. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal > View transaction list Journal entry worksheet < 1 2 On September 16, received a check from Remed in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal
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