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Check Safety Development Corporation had relatively targe idie cash balances and invested them as follows in securities to be held as non- strategic investments 2020

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Check Safety Development Corporation had relatively targe idie cash balances and invested them as follows in securities to be held as non- strategic investments 2020 Feb. 7 Purchased 2.700 con shares of Royal Bank at $27.00, plus 5500 in transaction fees 19 Purchased 1.700 con shares of Imperial on at 553.00, and paid $350 in transaction fees Apr 1 Pad 393,215 plus 5500 in transaction fees for a 7.30, four-year 595,000 Rinco Is bond that pays Interest quarterly begins June 30. The market rate of interest on this date 1.203. Sellers Corporation plans to hold this investment for the duration of the band's contract life 20 Purchased 3,500 con shares of cat 511.00, plus 5200 in transaction fees Sunt Received a $0.25 per share cash dividend on the royal flook common shares 17 Sold 1.700 Royal Bank on shares at $27.50 30 celed Interest on the coin bond Aug Seceived 50.5 per share cash dividend on the therial On common shares Sept. laceted 50.275 per share cash divided on the rest Royal Bank to share 35 ceed interest on the ice Inc. and De 3 Received interest of the rinco Inc. bond On December 31 2020 the fair values of the investments held by Safety Development Corporation were: Royal Bank 528.00 Imperial Ol: 55138 and BCE 514.00. Assume the fol value and carrying value of the Minca Inic band were equal Required: 1. Prepare an amongation schedule forme Minco inc band showing on/2020. {Round your intermediate and final answers to the noorest whole dollar amount. Enter all the amounts os positive values.) Period Oct Unamortid CV Eignment 77. Chapters 16:17 due 04122022 Saved Help Save & Exit Check 5 20 Received interest on the Minco Inc. bond Dec. 31 Received interest on the Minco Inc. bond On December 31, 2020, the fair values of the investments held by Safety Development Corporation were Royal Bank $28.00, imperial Ol. 95138, and BCE. $14.00. Assume the fair value and carrying value of the Minco inc bond were equat. Required: 1. Prepare an amortization schedule for the Minco tinc bond showing only 2020. (Round your intermediate and final answers to the nearest whole dollar amount. Enter all the amounts as positive values.) Swed Cash interest Receved Period interest Income Discount Ainet Unamortid Discount Carrying Value Apr 1/20 June 30/20 Sept 30120 Der 311/20 Journal entry worksheet 1 2 3 4 5 6 8 12 10 Dots Record the purchase of investment Stoped Boc Noter Enter debts before credits General Journal Deble Credit Datu Feb 07.2020 Pinterno Red Cente Virgen 5 Journal entry worksheet + 2 3 4 5 6 7 12 10 DO Record the purchase of investment od Not Enter debit before credits Print General Journal Debit Credit Date Feb 19, 2020 References Record entry Cher entry View general al 5 Journal entry worksheet 1 2 3 4 5 6 8 12 0 Joints Record the purchase of a 4-year, 7.80%, 595,000 bond. Sipped Book Note: Enter debits before credits Print General Journal Debit Credit Date Apr 01, 2020 References Record entry Clear entry View general Journal Journal entry worksheet

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