The following are the non strategic investment transactions of Wiki Garden Tool Inc. Assume each bond acquired is purchased with the intention to actively trade Feb. Paid $ plus $ in transaction fees to

purchase a $  four  year  bond payable of Capital Inc. dated Feb.  Interest is paid semiannually beginning August  Mar.  Bought  common shares of Regina Inc. for a total of $  plus paid an extra $  for transaction fees  May  Regina Inc.s board of directors declared a total dividend of $  regarding the total  shares issued and outstanding  The date of record is May  payable June  

June  Paid $ including $  in transaction fees to purchase a five  year  $  bond payable of Yates Corporation  Interest is paid annually each May  Received a cheque regarding the dividends declared on May  Aug Received cheque from Capital Inc. regarding semiannual interest  Sold the Capital Inc. bond at  Purchased  Tech Inc. common shares at $  plus $  in transaction fees  Dec.  Sold  of the Regina Inc. shares at $  and incurred $  in transaction fees  Accrued interest on the Yates bond  Fair values of the equity securities on this date were Regina  $  ; Tech Inc.  $  Assume that the carrying value of the Yates bond was equal to its fair value  May Received a cheque from Yates Corporation regarding annual interest  

Prepare entries to record the above transactions  If no entry is required for a transaction  event  select  No journal entry required  in the first account field  Do not round intermediate calculations and round your final

answers to the nearest whole dollar  View transaction list Journal entry worksheet  Record the purchase of $  year  bond to be held as an investment ; interest paid semiannually each May  Note : Enter debits before credits Credit Debit Date General Journal Feb  

Answer rating: 100% (QA)

Here are the journal entries to record the transactions 1 February 1 2023 Debit Bond Investments Cap... View the full answer