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Assume that on September 15 Jerome, Inc., purchased debt investments as trading securities at a cost of $8,850. Prepare the September 15 journal entry for

Assume that on September 15 Jerome, Inc., purchased debt investments as trading securities at a cost of $8,850. Prepare the September 15 journal entry for Jerome. Complete the necessary journal entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.

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Date General Journal Debit Credit Sept. 15 Debt investments - Trading

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