q:4 ch: investments

In January 2020, the management of Sandhil SE concludes that it has sufficient cash to permit some short-term investments in debt and stock securities, During the year, the following transactions occurred. Feb, 1. Purchased 400 ordinary shares of Superior for 22,000. Mar. 1 Purchased 600 ordinary shares of Pawlik for 15.000. Apr:1 Purchased 501,070,8% Venice bonds for 53,500, Interest is payable semiannually on October 1 and Aprit 1. July 1 Recelved a cash dividend of 60.60 pershare on the Superior ordinary shares. Aug. 1 Sold 133 ordinary shares of Superior at 60 per share. Sept.1 Received a el per share cash dividend on the Pawlik ordinary shares. Oct.1 Received the interest on the Venice bands. Oct. 1 Sold the Venice bonds for 152:500. At December 31, the fair value of the Superior ordinary shares was 56 per share, The fair value of the Pawlik ordinary shares was E24 pershare. Journalize the transactions and post to the accounts Debt Investments and Share investments. (Use the T-account formu (Record Joumal entries in the onder prosented in the problem. Crefit account titles are automatically indented wherl amount is entered. Do not Indent manually. If no entry Is required, select "No entry" for the account titer and enter Ofor the amouints. Do not leove any onswer ferd blank. Enter O for amounts.) 4. Question 4 of 11 11 (To recird the recelipt of interest on venice bands) Question 4 of 11 (To record the receipt of interest on Venice bonds) (To record the sale of Venice bonds) Share Investments Question 4 of 11 Share Investments Debt Investiments