In January 2020, the management of Cullumber Company concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the following transactions occurred.

Feb. 1		Purchased 400 shares of Muninger common stock for $22,000.
Mar. 1		Purchased 600 shares of Tatman common stock for $15,000.
Apr. 1		Purchased 40 $1,060, 7% Yoakem bonds for $42,400. Interest is payable semiannually on April 1 and October 1.
July 1		Received a cash dividend of $0.70 per share on the Muninger common stock.
Aug. 1		Sold 133 shares of Muninger common stock at $60 per share.
Sept. 1		Received a $1 per share cash dividend on the Tatman common stock.
Oct. 1		Received the semiannual interest on the Yoakem bonds.
Oct. 1		Sold the Yoakem bonds for $41,400.

At December 31, the fair value of the Muninger common stock was $56 per share. The fair value of the Tatman common stock was $24 per share.

(a)Journalize the transactions and post to the accounts Debt Investments and Stock Investments. (Use the T-account form.) (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when 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.)

Date	Account Titles and Explanation	Debit	Credit
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1July 1Aug. 1Sept. 1Oct. 1Dec. 31	enter an account title To record the receipt of semiannual interest on Yoakem bonds	enter a debit amount	enter a credit amount
	enter an account title To record the receipt of semiannual interest on Yoakem bonds	enter a debit amount	enter a credit amount
	(To record the receipt of semiannual interest on Yoakem bonds)
Oct. 1	enter an account title To record the sale of Yoakem bonds on October 1	enter a debit amount	enter a credit amount
	enter an account title To record the sale of Yoakem bonds on October 1	enter a debit amount	enter a credit amount
	enter an account title To record the sale of Yoakem bonds on October 1	enter a debit amount	enter a credit amount
	(To record the sale of Yoakem bonds)

Stock Investments
choose a transaction date Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a debit amount	choose a transaction date Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a credit amount
choose a transaction date Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a debit amount	choose a transaction date Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a credit amount
choose the end date of the accounting period Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a debit balance	choose the end date of the accounting period Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a credit balance
Debt Investments
choose a transaction date Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a debit amount	choose a transaction date Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a credit amount
choose the end date of the accounting period Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a debit balance	choose the end date of the accounting period Feb. 1Mar. 1Apr. 1Aug. 1Oct. 1Dec. 31 Bal.	enter a credit balance