On August 1, paid $76,000 cash to purchase Houtte's 9%,six-month debt securities ($76,000 principal), dated August 1. OnOctober 30, received a check from Houtte for90 days' interest on the debt sec Prepare Krum Company's journal entries to record the following transactions involving its short-term investments in avail debt securities, all of which occurred during the current year. a. On August 1 2 answers