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= Answer 1 Date Account name Dr G 31-Dec Allowance for uncollectable accounts: -0. dr Account Name Account Name Answer 2 Journal Entries Date Account

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= Answer 1 Date Account name Dr G 31-Dec Allowance for uncollectable accounts: -0. dr Account Name Account Name Answer 2 Journal Entries Date Account name Dr Cr 1-Feb Invested S100,000 in 120-day government bond that had a maturity value of S105,000 Account Name Account Name cr 2-Mar Purchased 10,000 shares of New Co. Common stock at $10 per share as trading securities. Account Name Account Name cr 2-Mar Purchased 20,000 shares of Old Co. Common stock at $20 per share as trading securities, dr Account Name Account Name 3-Jun Received maturity value of government bond in cash. dr Account Name Account Name Account Name Account Name cr cr 4.Jul Received dividends of St per share from New Co and $2 per share from Old Co. dr Account Name cr Account Name S-Aug Sold 10,000 shares of Old Co. for $22 per share. dr dr Account Name Account Name CF Account Name Account Name 1-Oct Invested 550.000 in 120-day treasury bills with 5% interest rate per annum. dr Account Name Account Name CT

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