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Answer is complete but not entirely correct. 1 No a. Transaction General Journal Debt investments - Held-to-maturity Cash 2 b. Stock investments Cash Debit
Answer is complete but not entirely correct. 1 No a. Transaction General Journal Debt investments - Held-to-maturity Cash 2 b. Stock investments Cash Debit Credit 180,000 180,000 342,000 342,000 x 3 C. Cash 183,600 Debt investments - Held-to-maturity Interest revenue 180,000 3,600 4 d. Debt Investments - Trading Cash 5 e. Cash Dividend revenue 6 f. Cash Stock investments Gain on sale of stock investments 7 g. Cash Interest revenue >> 54,000 54,000 414 414 19,800 17,100 2,700 1,890 1,890
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