3 Spotd Per Prepare Krum Company'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 $70,000 cash to purchase Houtte's 9% six-month debt securities ($70,000 principal, dated August 1 b. On October 30, received a check from Houtte for 90 days' interest on the debt securities in transaction a Note: Use 360 days in a year. Do not round your intermediate calculations. View transaction list Journal entry worksheet On August 1, paid $70,000 cash to purchase Hootle's 9% six-month debt securities ($70,000 principal), dated August 1. Note: Enter debts be cred Transaction General Journal Debit Credit Check my