In January $2022,$ the management of Oriole Company concludes that it has sufficient cash to purchase some short$-$term investments in debt and stock securities$.$ During the year, the following transactions occurred.Jan$\mathrm{.}1$Purchased $64$ $$1,000,9\%$ TC bonds for $$64,000.$ Interest is payable annually on December $31.$Feb$\mathrm{.}1$Purchased $1\mathrm{.}215$ shares of LAF common stock for $$54,675.$Mar$\mathrm{.}1$Purchased $550$ shares of NCL common stock for $$18,700.$July$1$Received a cash dividend of $$0\mathrm{.}80$ per share on the LAF common stock.Aug$\mathrm{.}1$Sold $207$ shares of LAF common stock at $$44$ per share.Sept$\mathrm{.}1$Received $$2$ per share cash dividend on the NCL common stock.Dec$\mathrm{.}31$Received the annual interest on the TRC bonds$\mathrm{.}31$Sold the TRC bonds for $$77,548.$In January $2022,$ the management of Oriole Company concludes that it has sufficient cash to purchase some short$-$term investments in debt and stock securities$.$ During the year, the following transactions occurred.

Jan. $1$ Purchased $64$$$1,000,9\%$ TRC bonds for $$64,000.$ Interest is payable annually on December $31.$

Feb. $1$ Purchased $1,215$ shares of LAF common stock for $$54,675.$

Mar. $1$ Purchased $550$ shares of NCL common stock for $$18,700.$

July $1$ Received a cash dividend of $$0\mathrm{.}80$ per share on the LAF common stock.

Aug. $1$ Sold $207$ shares of LAF common stock at $$44$ per share.

Sept. $1$ Received $$2$ per share cash dividend on the NCL common stock.

Dec. $31$ Received the annual interest on the TRC bonds.

$31$ Sold the TRC bonds for $$77,548.$

At December $31,$ the fair values of the LAF and NCL common stocks were $$41$ and $$27$ per share, respectively. These stock investments by Oriole Company provide less than a $20\%$ ownership interest.

Journalize the above transactions. $($Record journal entries in the order presented in the problem. 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 $0$ for the amounts.$)$

Post to the accounts Debt Investments and Stock Investments. $($If the balance is zero $(0)$ select date from the drop down and enter $0$ the amount in the column that represents the normal balance for the account.$)$

Stock Investments

Feb. $1$

Debt Investments