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6 A Company's journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current

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6 A Company's journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current year, a. On June 15, paid $268.000 cash to purchase Smith's 90-day short-term debt securities ($268.000 principal, dated June 15, that pay 8% interest. b. On September 16, received a check from Smith in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) 8 01:23:47 View transaction list Journal entry worksheet 1 2 On June 15, paid $268,000 cash to purchase Remed's 90 day short-term debt securities ($268,000 principal), dated June 15, that pay 8% interest. Note Enter debits before credits Debit General Journal Transaction Credit A Company's journal entries to record the following transactions involving its short-term in securities, all of which occurred during the current year. a. On June 15, paid $268,000 cash to purchase Smith's 90-day short-term debt securities that pay 8% interest b. On September 16, received a check from Smith in payment of the principal and 90 days purchased in transaction a. (Use 360 days in a year. Do not round your intermediate cale View transaction list Journal entry worksheet 1 2 On September 16, received a check from Remed in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. Note: Enter debits before credits. Debit General Journal Transaction Credit

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