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Prepare journal entries to record the following transactions involving the short-term securities investments of Natura Co., all of which occurred during year 2017. a. On
Prepare journal entries to record the following transactions involving the short-term securities investments of Natura Co., all of which occurred during year 2017. a. On June 15, paid $132,000 cash to purchase Remedy's 90-day short-term debt securities ($132,000 principal), dated June 15, that pay 10% interest (categorized as held-to-maturity securities) b. On September 16, received a check from Remedy in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) View transaction list Journal entry worksheet 2 1 On June 15, paid $132,000 cash to purchase Remedy's 90-day short-term debt securities ($132,000 principal), dated June 15, that pay 10% interest (categorized as held-to-maturity securities). Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal
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