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4/2 Purchased $100,000 of US Treasury Bills as par plus accrued interest of $1,000. The security is to be held for short-term profits. 6/1 Purchased
4/2 Purchased $100,000 of US Treasury Bills as par plus accrued interest of $1,000. The security is to be held for short-term profits. 6/1 Purchased 500 Sh of Kleenex Inc common stock at $160 per share. This security will be held for an unspecified period of time. 10/7 Sold 100 Sh. Of Kleenex for $270 per share 12/5 Sold half of the US Treasury Bills for $55,000 plus accrued int of $900. REQUIRED: Prepare the journal entries for the above transactions
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