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Bentz Corporation bought and sold several securities during 2016. Listed below is a summary of the transactions: February 17 Purchased $93,000 of U.S. Treasury 6%

Bentz Corporation bought and sold several securities during 2016. Listed below is a summary of the transactions:

February 17

Purchased $93,000 of U.S. Treasury 6% bonds at par plus accrued interest of $1,000. The security is to be held for short-term profits.

April 10

Purchased 410 shares of Gauges Inc. common stock at $135 per share. This security will be held for an unspecified period of time.

August 8 Sold 290 shares of Gauges Inc. for $145 per share.
October 5

Sold half of the U.S. Treasury bonds for $46,910 plus accrued interest of $210.

Required:

Prepare the journal entries for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Purchased $93,000 of U.S. Treasury 6% bonds at par plus accrued interest of $1,000. The security is to be held for short-term profits.

Purchased 410 shares of Gauges Inc. common stock at $135 per share. This security will be held for an unspecified period of time.

Sold 290 shares of Gauges Inc. for $145 per share.

Sold half of the U.S. Treasury bonds for $46,910 plus accrued interest of $210.

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