Postage People Corporation generated excess cash and invested in securities as follows Click the icon to view the transactions) Read the rummets Requirement 1. Classify sach of the investments made during 2024 (Assume the investments represent less than 20% of ownership of outstanding voting stock) Classification Reason Bela stock More info Ronos bond Requirement 2. Jumale the 2024 transactions. Explanations are not quedound dets frs, then credits Exdude explanat one and wave the mmaining cells blank) 2024 Jul2 Pure 3.200 shares of Beta, Inc common stock at $14.00 per share. Postage People plans to set the stock within three significant influencer Deta Jul 2 Dele Asaunts Greet Aug 21 MY Sep 18 Oct 1 Dec. 31 Dec. 31 Aug 31 Received a dividend of $0.40 per share on the back invest Date Dubit Cada Choose from any list or onsar any number in the input fields and then continue to the wet re sentine Purchased 3,200 shares of Beta, inc common stuck at $14.00 per share Postage Popie plins to set the stock within a months, when the ompany weed the cash for normal operas Poeage P have significant influence over Raved a cash duident of 80 40 per share on the Bela stock investar Sold Pa bals shock for $14.20 e share Punaseda Ronco bond for $34,000 at Tais vu Pusinge People the investment as trading and short ta feceived a 1180 imerest payment from Ron Agusted the Ronco bond to a market value of $36.000 Pri Done Postage People Corporation generated excess cash and invested in securities as follows: (Click the icon to view the transactions.) Read the requirements. Aug. 21: Received a cash dividend of $0.40 per share on the Beta stock investment. Date Aug. 21 Accounts Sep. 16: Sold the Beta stock for $14.20 per share. Date Sep. 16 Debit Credit Accounts Debit Credit Oct. 1: Purchased a Ronco bond for $34,000 at face value. Postage People classifies the investment as trading and short-term. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Postage People Corporation generated excess cash and invested in securities as follows: (Click the icon to view the transactions.) Read the requirements. Oct. 1: Purchased a Ronco bond for $34,000 at face value. Postage People classifies the investment as trading and short- Date Oct. 1 Accounts Dec. 31: Received a $180 interest payment from Ronco. Date Dec. 31 Debit Credit Accounts and Explanation Debit Credit Dec. 31: Adjusted the Ronco bond to its market value of $36,000. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Dec. 31: Adjusted the Ronco bond to its market value of $36,000. Date Dec. 31 Accounts Debit Credit Requirement 3. Prepare Taccounts for the investment assets and show how to report the investments on Postage People's balance sheet at December 31, 2024 Segn by preparing Taccounts for the investment assets that are remaining at December 31, 2004. Select the investment account first, then the fair value anant account if no fair value account needed, wave that account heading the remaining blank) Use the petal balance sheet below to show how to report the investments on Pretage People's balance sheet at December 31, 2004 of a box is not set in the balance sheet,ve the box empty do not s Postage People Corporation Balance Sheet (Partial December 31, 2024 Cument A Long Te The Choose him any ranter any number in the input felds and then contre to the neat