2 Prepare journal entries to record the following transactions involving the short-term securities investments of Krum Co., all of which occurred during year 2017 4 points On August 1, paid $60,000 cash to purchase Houtte's 10% debt securities ($60,000 principal), dated July 30, 2017, and maturing January 30, 2018 (categorized as available-for-sale securities) b. On October 30, received a check from Houtte for 90 days' interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) eBook View transaction list Print Journal entry worksheet References 2 On August 1, paid $60,000 cash to purchase Houtte's 10% debt securities ($60,000 principal), dated July 30, 2015, and maturing January 30, 2016 (categorized as available-for-sale securities) Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal