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Fast forward six months later, it is now June 30, 2022. The following transactions occurred in the first half of 2022: 1. On February 1,
Fast forward six months later, it is now June 30, 2022. The following transactions occurred in the first half of 2022:
1. On February 1, 2022, BBI sold the bonds from Fast Track Inc. for $980,000 plus accrued interest. (Muhammad)
2. On April 1, 2022, BBI received interest payment from Retail Inc..
3. On June 30, 2022, BBI sold 500 shares of Router Inc. for $600,000.
Management wants you to provide the journal entries for the above transactions.
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