2 Exercise 15-4 Accounting for available-for-sale debt securities LO P3 0.9 points Prepare Krum Co.'s journal entries to record the following transactions involving its short-term investments in available-for-sale debt securities, all of which occurred during the current year. a. On August 1, paid $68,000 cash to purchase Houtte's 10%, six-month debt securities ($68,000 principal), dated August 1. b. On October 30, received a check from Houtte for 90 days' interest on the debt securities in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) eBook 001 View transaction list Hint X Print 1 > References On August 1, paid $68,000 cash to purchase Houtte's 10% six-month debt securities ($68,000 principal), dated August 1. debt 2 On October 30, received a check from Houtte for 90 days' interest on the debt securities in part a. Credit Note : = journal entry has been entered Record entry Clear entry View general Journal