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please help with the journal entries for the following: Safety Development Corporation had relatively large idle cash balances and invested them as follows in securities

please help with the journal entries for the following: image text in transcribed
Safety Development Corporation had relatively large idle cash balances and invested them as follows in securities to be held as non. strategic investments: 2023 Feb. 7 Purchased 4,100 common shares of Royal Bank at $28.40, plus $500 in transaction fees. 19 Purchased 3,100 common shares of Ingerial 011 at $56.50, and paid $250 in transaction fees. Apr. 1 Paid $107,037 plus $500 in transaction fees for a 8,20x, four-year, $109,090 Minco Inc. bond that pays interest quarterly beginning June 30 . The market rate of interest on this date was 8,60%. Sellers Corporation plans to hold this irvestirent. for the duration of the bond's contract Iife. May 26. Purchased 3,900 common shares of BCE at $15.28, plus $200 in transaction fees. June 1 Received a 50.25 per share cash dividend on the Moyal Dank comnon shares. 17 Sold 3,100 Royal Bank comon shares at $28.90. 3e Received interest on the Minco Inc. bond. Aug. 5 fleceived a 50.50 per share cash dividend on the Inperial oll coneon shares. Sept. 1 Received a 50,275 per share cash dividend on the renaining Royal Bank conmon shares. 3e Received interest on the Minco Inc. bond. Dec. 31 Received interest on the Minco Inc. bond. On December 31, 2023, the fair values of the investments held by Safety Development Corporation were: Royal Bank, $29.40 : Imperial Oil, \$54,88; and BCE, $15,40. Assume the fair value and carrying value of the Minco Inc. bond were equal

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