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Flint Inc. has a seasonal business with some periods during the year where cash is abundant and needs to be invested in the short term

Flint Inc. has a seasonal business with some periods during the year where cash is abundant and needs to be invested in the short term until it is needed later on in the business cycle. The following are the transactions that occurred for Flint Inc. near the end of its fiscal year ended December 31, 2024, and the early part of 2025. Nov. 15, 2024 Nov. 30, 2024 Feb. 15, 2025 Feb. 28, 2025 Purchased a term deposit at National Trust for $51,000. The term deposit is for three months and will earn interest at 1.75%. Purchased a three-month treasury bill with a face value of $19,000 and a purchase price of $18,824. The market rate of interest is 3.75% for this type of investment. The National Trust term deposit matures. The treasury bill matures. Record the above transactions for 2024 and 2025 and any required journal entries at December 31, 2024. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 5,276. List all
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Flint inc has a seasonal business with some periods during the year where cash is abundant and needs to be invested in the short term until it is needed later on in the businesscycle. The following are the transactions that occurred for Flint Inc. near the end of its fiscal year ended December 31,2024 , and the early part of 2025 Nov. 15, 2024 Purchased a term deposit at National Trust for 551.000 . The term deposit is for three months and will earn interest at 1.75% Nov 30,2024 Purchased a three-month treasury bill witha face value of $19,000 and a purchase price of $18.824. The market rate of interest is 375% for this type of imvestment. Feb. 15,2025 The National Trust term deposit matures. Feb. 28,2025 The treasury bill matures. Record the above transactions for 2024 and 2025 and any required journal entries at December 31, 2024. (Record entries in the order disployed in the problem stotement. Credit occount titles ore outomatically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, eg. 5,276, List all

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