Prepare Natura Co.s journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current year.

a. On June 15, paid $286,000 cash to purchase Remeds 90-day short-term debt securities ($286,000 principal), dated June 15, that pay 6% interest.

b. On September 16, received a check from Remed in payment of the principal and 90 days interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.)