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Following is information for Blue Lte's investments held for trading. Blue is a public company and has a December 31 year end. 2021 Sept. 28
Following is information for Blue Lte's investments held for trading. Blue is a public company and has a December 31 year end. 2021 Sept. 28 Oct. 1 12 Nov. Dec. Purchased 4,300 shares of Cygman Limited for $38 per share. Purchased $366,000 of Rauk Inc. 4% bonds at face value. The bonds pay interest semi-annually on April 1 and October 1. Sold 2.300 Cygman shares for $40 per share. Received $1.50 per share dividend from Cygman. Cygman shares were trading at $36 per share and the Rauk bonds were trading at 101. 1 31 2022 31 1 Mar. Apr. Oct Dec. Sold the remaining Cygman shares for $38 per share. Received interest on the Rauk bonds. Received interest on the Rauk bonds. Rauk bonds were trading at 102. 1 31 Record the above transactions, including any required adjusting entries, for 2021 and 2022. (Credit account titles are automatically
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