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(b) Show the entry in the Investment Trust Fund to summarize the collection of interest for the six-month period. (If n for a transaction/event, select

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(b) Show the entry in the Investment Trust Fund to summarize the collection of interest for the six-month period. (If n for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the entry in the Investment Trust Fund to summarize the collection of interest for the six-month period. Motn: Entar debits before credes. 2) (a) Show the entry in the investment Trust Fund to record the School District's investment in the pool. (If no entry is required for transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Piocord the entry in the Investment Trust Fund for the School District's investment in the pool. Enter debits befece creits c) Show the entry in the investment Trust Fund to record the distribution of the interest earned on pooled investments, assuming that the interest will be reirvested by the town and school district. (ff no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Hecord the entry in the Investment Irust fund to record the distribution of the interest earned on pooled investments. On January 1. Forrestet County is holding investments for Tinsel Town valued at $500.000 in an investment poot, accounted for in an investment tust fund, On January 1. Valley School District invests $1.500.000 in the pool. Earnings on pooled investments for the six months ended Jukte 30 totaling $300,000 were received in cash 1) What percentage interest in the pool is held by the town and the school district

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