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Current Attempt in Progress Whispering Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with

Current Attempt in Progress
Whispering Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with the following descriptions.
Feb. 1,2025 Sharapova Company common stock, $110 par, 220 shares $36,300
April 1 U.S. government bonds, 12%, due April 1,2035, interest payable April 1 and October 1,108 bonds of $1,000 par each 108,000
July 1 McGrath Company 12% bonds, par $53,500, dated March 1,2025, purchased at 104 plus accrued interest, interest payable annually on March 1, due March 1,204557,780
(a)
Prepare entries necessary to classify the amounts into proper accounts, assuming that the debt securities are classified as available-for-sale. Sharapova has 200,000 shares outstanding. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Account Titles and Explanation Debit Credit
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
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(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(d)
The parts of this question must be completed in order. This part will be available when you complete the part above.

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