Prepare Krum Company's journal 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 $60,000 cash to purchase Houtte's 10%, six-month debt securities ( $60,000 principal), dated August 1. b. On October 30, received a check from Houtte for 90 days' interest on the debt securities in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) Journal entry worksheet 2 On August 1, paid $60,000 cash to purchase Houtte's 10% six-month debt securities ($60,000 principal), dated August 1 . Notet Entef debits before credits. Prepare Krum Company's journal entries to record the following transactions involving its short-term investments in available-for-sale debt securities, all of which occurred during the current yeat. a. On August 1, paid $60,000 cash to purchase Houtte's 10%. six-month debt securities ( $60,000 principal), dated August 1. b. On October 30 , received a check from Houtte for 90 days' interest on the debt securities in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) Journal entry worksheet On October 30, received a check from Houtte for 90 days' interest on the debt securities in transaction a. Notet Enter debits before credits