Journalize the Transactions Using T- Account Form

In January 2020, the management of Wildhorse 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 800 shares of Muninger common stock for $40,000 Mar 1 Purchased 1,000 shares of Tatman common stock for $25,000 Apr. 1 purchased 70 $1,280, 5% Yoakem bonds for s89,600. 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 266 shares of Muninger common stock at $65 per share. Received a $2 per share cash dividend on the Tatman common stock. Received the semiannual interest on the Yoakem bonds. Sold the Yoakem bonds for $88,600. Sept. 1 Oct. 1 Oct. 1 At December 31, the fair value of the Muninger common stock was $51 per share. The fair value of the Tatman common stock was $24 per share