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Matanwered Mark 0.00 out of 3200 P Fing question The following are investment activities for Coco Company 1) On January 31, 2020, Coco Company purchased

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Matanwered Mark 0.00 out of 3200 P Fing question The following are investment activities for Coco Company 1) On January 31, 2020, Coco Company purchased a $30,000, 9-year bond at par with 4% interest paid annually on December 31. Coco Company is planning to hold this investment until maturity 2) On February 10, 2020, Coco Company inwested $20,000 in Blast Company by purchasing 2,600 common shares. This is an insignificant investment in Blast Company with the intention of selling it within a year. 3) on March 1, 2020, Coco Company made an investment of $101,520 in Engrid Company by acquiring 9% of its 94.000 outstanding common shares. Coco Company plans to hold on to these shares for at least a few years. 4) On April 1, 2020, Coco Company received a cash dividend from Blast Company for a total of $1,690 S) on April 30, 2020, Coco Company received a cash dividend from Engrid Company for a total of $1,950 6) On Coco Compary's year end of October 31, 2020, Blast Company's common shares were trading at 59.00 per share, and Engrid Company's shares were trading at $11.00 per share Required Prepare journal entries using proper accounting methods for all transactions including the year end accrual of the bonds interest

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