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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. pald $154.000 cash to purchase Remed's 90-day short-term debt securities ($154.000 principal), dated June 15, that pay 7% 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.) View transaction Mat Journal entry worksheet
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