Problem H-2 In January 2019, the management of Sheridan Company concludes that it has sufficient cash to purchase some short-term investments in debt and stock securities. During the year, the following transactions occurred. Feb. 1 Purchased 1,120 shares of LAF common stock for $45,920 Mar. 1 Purchased 480 shares of NCL common stock for $19,200. Apr. 1 Purchased 71 $1,000, 9% TRC bonds for $71,000. Interest is payable semiannually on April July 1 Received a cash dividend of $0.80 per share on the LAF common stock. Aug. 1 Sold 189 shares of LAF common stock at $40 per share. Sept. 1 Received $2 per share cash dividend on the NCL common stock. Oct. 1 Received the semiannual interest on the TRC bonds. Oct. 1 Sold the TRC bonds for $72,487. and October 1. At December 31, the fair values of the LAF and NCL common stocks were $37 and $33 per share, respectively. These stock investments by Sheridan Company provide less than a 20% ownership interest. Journalize the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Aug. 1 (To record interest) To record sale of bonds)