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Live Large Inc. had the following transactions involving non strategic investments during 2023 3823 Apr. 1 Paid $134,se to buy day term deposit, $114,000
Live Large Inc. had the following transactions involving non strategic investments during 2023 3823 Apr. 1 Paid $134,se to buy day term deposit, $114,000 principal, 7., dated April 1. There w transaction fee included in the bed payment 12 Purchased 4,400 common shares of Blue fall it at $25.58. There was the above-noted payment amount Sune Purchased 1,200 common shares of Purple Car Cery at $53.50. There was above-noted 20 Furchased 3,0 of Yellow Tech Ltd. at $17, there we $50 transaction feed t 15e traction fee included in the 15e transaction Fee Included in the July 1 Purchased for $1,721 3.0%, 17, Space Explore Inc. and that matures in eight years when the market Interest rate was 3.4. There was a $10 transaction fee included in the above-noted payment out. Iterst is paid anally beginning December 31, 2023 Live Large plans to held this event above noted payment amount. Received a chean for the principal and accrued interest 15 Received 2 the term deposit that tured Je 10.95 per share sash dividend i the Blue Ballson 1td. on shares Seld 3, of the lie allm Ltd, shares at $27.15. Sept. Received $2.50 per share cash dividend on the Purple Car Cory, common shares Received the lnterest on the Space Explore Inc. bond 11 The fair values of Live Large Inc.'s investments on this date were lue alloon shares, S.; Purple Car Corp, shares, $43.75, yellow tech shares, 119.55. Assume the fair value and the carrying value of the Space Explore bond were Teh. 14-Sold the remaining Blue Balloon shares at 127,5 Required: 1. Prepare an amortization schedule for the Space Explore bond showing only 2023 and 2024 (Round your intermediate end final answers to the nearest whole dollar amount. Enter all the amounts es positive values. Use 365 days in a year) July 123 D3123 June 3024 Dec 3124 Cass Inderest Prod Anod Pred Camping V 2. Prepare journal entres to record the preceding transactions (Round your intermediate and final answers to the nearest whole dollar amount Use 365 days in a year) Journal entry worksheet Record the purchase of 7,0% term deposit as short term investment The Apr 11 2023 General mal Owke Cade Cleary < Prev 5 u 10 Nod >> >
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