Exercise 15-4 Accounting for short-term held-to-maturity securities LO P2 Prepare journal entries to record the following transactions involving the short-term securities investments of Natura Co., all of which occurred during year 2017. a. On June 15, paid $108,000 cash to purchase Remedy's 90-day short-term debt securities ($108,000 principal), dated June 15, that pay 7% interest (categorized as held-to-maturity securities). b. On September 16, received a check from Remedy in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) View transaction list Journal entry worksheet On June 15, paid $108,000 cash to purchase Remedy's 90-day short-term debt securities ($108,000 principal), dated June 15, that pay 7% interest (categorized as held-to-maturity securities). Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Exercise 15-9 Fair value adjustment to available-for-sale securities LO P3 Prescrip Co. began operations in 2016. The cost and fair values for its long-term investments portfolio in available-for-sale securities are shown below. Prepare the December 31, 2017, adjusting entry to reflect any necessary fair value adjustment for these investments. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Portfolio of Available-for-Sale Securities Cost Fair Value December 31, 2016 $68,310 $62,162 December 31, 2017 73,947 78,384 View transaction list Journal entry worksheet Record the December 31, 2017 year-end adjusting entry for the securities portfolio, if any. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal