Prepare Krum Co'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 $62,000 cash to purchase Houtte's 8%, six-month debt securities ($62,000 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.) View transaction list Journal entry worksheet On August 1, paid $62,000 cash to purchase Houtte's 8% six-month debt securities ($62,000 principal), dated August 1. Note: Enter debits before credits. Transaction General Journal Debit Credit N a. View general journal Clear entry Record entry o C Prepare Krum Co'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 $62,000 cash to purchase Houtte's 8%, six-month debt securities ($62,000 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.) View transaction list Journal entry worksheet 2 > On October 30, received a check from Houtte for 90 days' interest on the debt securities in part a. Note: Enter debits before credits. Transaction General Journal Debit Credit b. View general journal Clear entry Record entry