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Bridgeport Corporation, during the year ended October 31, 2024, had the following transactions for money-market instruments purchased to earn interest: Jan. 2 May 1
Bridgeport Corporation, during the year ended October 31, 2024, had the following transactions for money-market instruments purchased to earn interest: Jan. 2 May 1 Aug 1 Aug 31 Sept. 30 1 Purchased a 140-day, $36,000 treasury bill maturing on May 1 for $35,784. The treasury bill matured. Invested $58,500 in a money-market fund. Received notification that $146 of interest had been earned and added to the fund. Received notification that $146 of interest had been earned and added to the fund. Oct. Purchased a 120-day, 3.10 %, $27,000 treasury bill for $26,792. Oct. 15 Cashed the money-market fund and received $58,865. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries) Date Account Titles c > Debit Credit
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