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Question 3 of 20 - /25 View Policies Current Attempt in Progress Following is information for Sheffield Lte's investments held for trading. Sheffield is a public company and has a December 31 year end. 2021 Sept. 28 Oct. 1 Purchased 3,100 shares of Cygman Limited for $36 per share. Purchased $264,000 of Rauk Inc. 4% bonds at face value. The bonds pay interest semi-annually on April 1 and October 1. Sold 1.700 Cygman shares for $38 per share, Received $1.50 per share dividend from Cygman. Cygman shares were trading at $34 per share and the Rauk bonds were trading at 101. 12 Nov. Dec 1 31 31 2022 Mar. Apr. Oct. Dec. 1 1 31 Sold the remaining Cygman shares for $36 per share. Received interest on the Rauk bonds. Received interest on the Rauk bonds. Rauk bonds were trading at 102 Record the above transactions, including any required adjusting entries, for 2021 and 2022. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Eby for the account titles and enter for the amounts.) 2021 Debit Credit Date Account Titles and Explanation Question 3 of 20 -/25 ZUZI Date Account Titles and Explanation Debit Credit (To record purchase of investment.) > to record sale of investment) Collection of divided) Question 3 of 20 ZUZI Date Account Titles and Explanation Debit No Entry Investment Income or Loss Loss on Sale of FVTPL Investments Interest Revenue Cash Interest Expense Interest Receivable Interest Payable Investments at FVTPL (To record sale of investment.) > (Collection of dividend.) (to accrue interest revenue) Dec 31 ili 2022 Date Account Titles and Explanation Debit Credit C. (To record sale of investment.) V v (Collection of interest receivable.) > [To record collection of interest.) (To accrue interest revenue.) V (To record fair value adjustment.) Attempts of used Submit Auwer