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 $76,000 cash to purchase Houtte's 9%, six-month debt securities ($76,000 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.) X Answer is complete but not entirely correct. No Transaction General Journal Debit Credit 1 a. Debt investments - AFS 76,000 Cash 76,000 2 b. Cash 95,000 X Debt investments - AFS 76,000 X Interest revenue 19,000 X