Prepare Krum Company's joumal entries to record the following transactions involving its short-term investments in available-for-sale debt securities, all of which occurred during the current year. a. On August 1, paid $72,000 cash to purchase Houtte's 10%, si x-month debt securities ($72,000 principal), dated August 1. b. On October 30 , received a check from Houtte for 90 days' interest on the debt securities in transaction a. Note: Use 360 days in a year. Do not round your intermediate calculations. Journal entry worksheet On August 1, paid $72,000 cash to purchase Houtte's 10% six-month debt securities ( $72,000 principal), dated August 1 . Note: Enter debits before credits: Journal entry worksheet On October 30, received a check from Houtte for 90 days' interest on the debt securities in transaction a. Note: Enter debits before credits