Compare and contrast why companies invest cash in short-term temporary investments vs. long-term investments. On August 1, 2011, Pezzo Company sold Prawn Olio Company $1,000, 000 of 10-year, 6% bonds, dated July 1 at 100 plus accrued interest. On March 1, 2012, Prawn Olio sold half of the bonds for $520, 000 plus accrued interest. Present entries to record the following transactions: Prawn Olio Company: Purchase of bonds on August 1, 2011. Receipt of first semi-annual interest amount on December 31, 2011. The sale of the bonds on March 1, 2012