Question $1$: $(18$ points$)$

The Old Country Company purchased the following instruments during the year. Assume the company$$s fiscal year end is January $31,2026.$

Dec $1,2025$ Purchased a $ $5,000120-$day treasury bill for $ $4,935.$ The treasury bills are trading at a market rate of interest of $4\%$ annually.

Feb $1,2026$ Purchased at $101$ a $ $15,000,5\%5-$year Laurentian Bank of Canada bond. Interest is paid semi$-$annually. The market rate of interest was $3\mathrm{.}5\%.$ The bonds were purchased to trade.

Mar $30,2026$ Treasury bill matured.

Aug $1,2026$ Received interest on the Laurentian Bank of Canada bond.

Aug $2,2026$ Sold the Laurentian Bank of Canada bond at $99.$

Required:

Record the above transactions, and any necessary adjusting entries for The Old Country Company required at January $31,2026.$