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 $72,000 cash to purchase Houtte's 11%, six-month debt securities ($72,000 princlpal), dated August 1 . b. On October 30 , recelved 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 August 1, paid $72,000 cash to purchase Houtte's 11% six-month debt securities ($72,000 principal), dated August 1 . Note: Enter debits before credits. Prepare Krum Company's journal entries to record the following transactions involving its short-term investments in available debt securities, all of which occurred during the current year. a. On August 1, paid $72,000 cash to purchase Houtte's 11%, six-month debt securities ($72,000 principal), dated August 1 . b. On October 30 , recelved a check from Houtte for 90 days' interest on the debt securities in transaction a. (Use 360 days 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. Note: Enter debits before credits