Exercise 15 4 Algo Accounting For Held To Maturity Debt Securities Lo P2 Prepare Natura Company S Journal Entries To R 1 (42.2 KiB) Viewed 54 times
Exercise 15 4 Algo Accounting For Held To Maturity Debt Securities Lo P2 Prepare Natura Company S Journal Entries To R 2 (38.96 KiB) Viewed 54 times
Exercise 15-4 (Algo) Accounting for held-to-maturity debt securities LO P2 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, pold $104,000 cash to purchase Remed's 90-day short-term debt securities ($104,000 principal), dated June 15, that pay 9% 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. (Use 360 days in a year. Do not round your intermediate calculations.) View transaction list Journal entry worksheet 1 2 On June 15, paid $104,000 cash to purchase Remed's 90-day short-term debt securities ($104,000 principal), dated June 15, that pay 9% interest Note: Enter debits before credits Transaction General Journal Debit Credit
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. es Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal
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