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Monty Corporation had the following transactions in debt instruments purchased to earn interest during the year ended December 31,2024 : Jan. 1 Purchased a 180-day
Monty Corporation had the following transactions in debt instruments purchased to earn interest during the year ended December 31,2024 : Jan. 1 Purchased a 180-day (six-month) Government of Canada treasury bill for \$128,079. June 30 Received $130,000 cash when the treasury bill matured. July 5 Purchased a money-market fund for $32,500. Oct. 1 Cashed in the money-market fund, receiving $32,740. 1 Purchased a six-month, 4% term deposit for $97,500. Dec. 31 Accrued interest on the term deposit. MONTY CORPORATION Income Statement (Partial) $ Show the financial statement presentation of the investment at December 31 and any related accounts
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