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Prepare Natura Co.'s journal entries to record the following transactions involving its short-term invest- Exercise 15-3 ments in held-to-maturity debt securities, all of which occurred
Prepare Natura Co.'s journal entries to record the following transactions involving its short-term invest- Exercise 15-3 ments in held-to-maturity debt securities, all of which occurred during the current year. Accounting for held-to- a. On June 15, paid $1,000 cash to purchase Remed's 90-day short-term debt securities ($1,000 princi- maturity debt securities pal), dated June 15, that pay 10% 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 part a. P2
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