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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

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 $244,000 cash to purchase Remed's 90-day short-term debt securities ($244,000 principal), dated June 15, that pay 8% 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.) mrded d No Transaction 1 a Cash ock erences 2 b. General Journal 30 000 Debit Credit 24,400 24,400 00image text in transcribed

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