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ansactions during 2 E15-11 Accounting for debt investments Peyton Investments completed the following investment trans, ot face value. Peyton The Vedder bond and December 31

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ansactions during 2 E15-11 Accounting for debt investments Peyton Investments completed the following investment trans, ot face value. Peyton The Vedder bond and December 31 an is intent is to keep the 2018 Jan. 5 Purchased Vedder Company's $400,000 bond at far classified the investment as available-for-sale. The interest at the annual rate of 4% on June 30 and matures on December 31, 2021. Management's inte bonds for several years. Jun. 30 Received an interest payment from Vedder. Dec. 31 Received an interest payment from Vedder. 31 Adjusted the investment to its current market value of et value of $396,000. Requirements 1. Journalize Peyton's 2. Prepare a partial balar 3. Prepare a compreber December 31, 2018 euton's investment transactions. Explanations are not required. crial balance sheet for Peyton's Vedder investment as of December 31, 2018. mprehensive income statement for Peyton Investments for year ended per 31, 2018. Assume net income was $200,000

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