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 $260,000 cash to purchase Smith's 90-day short-term debt securities ($260,000 principal), dated June 15, that pay 10% 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.) View transaction list Journal entry worksheet 1 2 > On June 15, paid $260,000 cash to purchase Remed's 90-day short-term debt securities ($260,000 principal), dated June 15, that pay 10% interest. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal