In January 2022, the management of Cullumber 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. Feb. Mar. 1 Purchased 73 $1,000, 8% TRC bonds for $73,000. Interest is payable annually on December 31. Purchased 1,140 shares of LAF common stock for $45,600. Purchased 490 shares of NCL common stock for $18,130. Received a cash dividend of $0.80 per share on the LAF common stock. Sold 198 shares of LAF common stock at $39 per share. Received $2 per share cash dividend on the NCL common stock. Received the annual interest on the TRC bonds. Sold the TRC bonds for $76,278. Dec. 1 1 July Aug. 1 Sept. 1 1 31 31

(To record interest) (To record sale of bonds) . Post to the accounts Debt Investments and Stock Investments. (If the balance is zero (O) select date from the drop down and enter Ofor the amount in the column that represents the normal balance for the account) Stock Investments Debt Investments eTextbook and Media List of Accounts Attempts: 0 of 5 used In January 2022, the management of Cullumber 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 73$1,000,8% TRC bonds for $73,000. Interest is payable annually on December 31 . Feb. 1 Purchased 1,140 shares of LAF common stock for $45,600. Mar. 1 Purchased 490 shares of NCL common stock for $18,130. July 1 Received a cash dividend of $0,80 per share on the LAF common stock. Aug. 1 Sold 198 shares of LAF common stock at $39 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 $76,278. (a) 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 tities and enter ofor the amounts.) Date Account Titles and Explanation Debit Credit