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Grouper Corporation had the following transactions in debt instruments purchased to earn interest during the year ended December 31, 2021: Jan. 1 June 30 July
Grouper Corporation had the following transactions in debt instruments purchased to earn interest during the year ended December 31, 2021: Jan. 1 June 30 July 5 Oct. 1 1 Purchased a 180-day (six-month) Government of Canada treasury bill for $107.317. Received $110,000 cash when the treasury bill matured Purchased a money-market fund for $27.500. Cashed in the money-market fund receiving $27.730. Purchased a six-month, 4% term deposit for $82,500 Accrued interest on the term deposit, Dec. 31 Record the transactions. (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 for the amounts. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation (To record purchase of investment.) to record purchase of investment.) (To record maturity of treasury bill investment.) (To record purchase of investment) (Cash in money market investment) > interest revenue.) Show the financial statement presentation of the investment at December 31 and any related accounts. GROUPER CORPORATION Partial Balance Sheet - GROUPER CORPORATION Income Statement (Partial) Show the financial statement presentation of the investment at December 31 and any related accounts GROUPER CORPORATION Partial Balance Sheet Current Assets Intangible Assets Current Liabilities Short-Term Investments Total Current Liabilities Total Current Assets GROUPER CORPORATION Income Statement (Partial)
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