Prepare Krum Company's journal entries to record the following transactions involving its short-term investments in avallable-for-sale debt securities, all of which occurred during the current year. a. On August 1, paid $78,000 cash to purchase Houtte's 9%, six-month debt securities ( $78,000 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 August 1, paid $78,000 cash to purchase Houtte's 9% six-month debt securities ( $78,000 principal), dated August 1 . Note: Enter deblts 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