Prepare general journal entries to record the following transactions involving Rather Company's short-term investments, all of which occurred during 1990.

a. On April 20, paid \(\$ 50,000\) to purchase \(\$ 50,000\) of Chrysler Corporation's short-term ( 90 -day) notes payable, which are dated April 20 and pay interest at a \(10 \%\) rate.

b. On May 15, bought 1,000 shares of General Electric common stock at \(561 / 2\) plus a \(\$ 640\) brokerage fee.

c. On June 1, paid \(\$ 30,000\) to purchase West Corporation's \(9 \%\) notes payable, \(\$ 30,000\) principal value, due June 15, 1997.

d. On July 19, received a check from Chrysler Corporation in payment of the principal and 90 -days' interest on the notes purchased in (a).

e. On October 20, received a \(\$ 1\) per share cash dividend on the General Electric common stock purchased in transaction (b).

f. On November 5, sold 500 shares of General Electric common stock for \(\$ 59\) per share, less a \(\$ 375\) brokerage fee.
g. On December 1, received a check from West Corporation for six-months' interest on the notes purchased in (c).