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7 Jan. Prepare Garzon Company's journal entries to record the following transactions for the current year. 1 Purchases 9.54 bonds (as a held-to-maturity investment) issued
7 Jan. Prepare Garzon Company's journal entries to record the following transactions for the current year. 1 Purchases 9.54 bonds (as a held-to-maturity investment) issued by PBS at a cost of $45,600, which is the par value. July 1 Receives first semiannual payment of interest from PBS bonds. Dec. 31 Receives a check from PBS in payment of principal ($45,600) and the second semiannual payment of interest. 3.63 points View transaction list eBook 000 Hint Journal entry worksheet Print Receives a check from PBS in payment of principal ($45,600) and the second semiannual payment of interest. References Note: Enter debits before credits. General Journal Debit Credit Date Dec. 31 Record entry Clear entry View general journal Prepare Riley Company's journal entries to record the following transactions for the current year. April 18 Purchases 410 common shares of XLT Co. as a short-term investment at a cost of $53 per share. With this stock investment, Riley has an insignificant influence over XLT. May 30 Receives $1.00 per share from XLT in dividends. View transaction list Journal entry worksheet Purchases 410 common shares of XLT Co. as a short-term investment at a cost of $53 per share. With this stock investment, Riley has an insignificant influence over XLT on April 18. Note: Enter debits before credits. Date General Journal Debit Credit Apr 18 Record entry Clear entry View general journal Prepare Riley Company's journal entries to record the following transactions for the current year. April 18 Purchases 410 common shares of XLT Co. as a short-term investment at a cost of $53 per share. With this stock investment, Riley has an insignificant influence over XLT. May 30 Receives $1.00 per share from XLT in dividends. View transaction list Journal entry worksheet
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