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Exercise 15-4 (Algo) Accounting for held-to-maturity debt securities LO P2 Prepare Natura Company's journal entries to record the following transactions involving its short-term investments in
Exercise 15-4 (Algo) Accounting for held-to-maturity debt securities LO P2 Prepare Natura Company's journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current year o. On June 15, paid $180,000 cash to purchase Remed's 90 day short term debt securities ($180.000 principal), dated June 15, that pay 5% Interest b. On September 16. received a check from Remed 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 1 2 On June 15, paid $180,000 cash to purchase Remed's 90-day short-term debt securities (5180,000 principal), dated June 15, that pay 5% interest Note triter debits before credits Debit Credit General Journal Transaction NAVE D. Un September 16, received a check trom Remea in payment of the principai ana yu days interes in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) View transaction list Journal entry worksheet
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