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Ayayai Corporation had the following transactions in debt instruments purchased to earn interest during the year ended December 31,2024 : Jan. 1 Purchased a 180-day

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Ayayai Corporation had the following transactions in debt instruments purchased to earn interest during the year ended December 31,2024 : Jan. 1 Purchased a 180-day (six-month) Government of Canada treasury bill for \$186,275. June 30 Received $190,000 cash when the treasury bill matured. July 5 Purchased a money-market fund for $47,500. Oct. 1 Cashed in the money-market fund, recelving $47,780. 1 Purchased a slx-month, 4% term deposit for $142,500. Dec. 31 Accrued interest on the term deposit. (a) enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Question 4 of 5 /20 [Cash in money market investment.) (To record purchase of investment.) Save for Later Attempts: 0 of 2 used Submit Answer (b) Show the financial statement presentation of the imvestment at December 31 and any related accounts. AYAYAI CORPORATION Partial Balance Sheet AYAYAI CORPORATION Income 5tatement (Partial) ^ $ Save for Later Attempts: 0 of 2 used Submit

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