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Prepare journal entries for the following transactions during June 2021 and make month-end adjsutments for remeasurement of marketable securities: 1/Jun 5/Jun 10/Jun 20/Jun 30/Jun DATE
Prepare journal entries for the following transactions during June 2021 and make month-end adjsutments for remeasurement of marketable securities: 1/Jun 5/Jun 10/Jun 20/Jun 30/Jun DATE invested $9,250 in 90-day treasury bill that had a maturity value of $10,000. purchased 1,000 shares of ABC Co. Common stock at $15 per share as trading securities. received dividends of $1 per share from ABC Co. sold 500 shares of ABC Co. for $14 per share. market price of ABC Co. shares is $13 per share. ACCOUNT NAME DR CR 1/Jun dr Account Name Account Name 5/Jun dr Account Name Account Name 10/Jun dr Account Name Account Name 20/Jun dr Account Name dr Account Name Account Name Account Name 30/Jun dr Account Name Account Name 30/Jun dr Account Name Account Name
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