QUESTIONS Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 6,000 bonds for $60 per bond, What is the journal entry to record this transaction? Equity Investments is debited for $360,000 1 Debt Securities is debited for $360,000 Long-term Investments is credited for $360,000 Asset Securities is debited for $360,000 QUESTION 6 Which of the following securities doesn't pay interest? O corporate bonds notes mortgages stock investments QUESTIONS Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 6,000 bonds for $60 per bond, What is the journal entry to record this transaction? Equity Investments is debited for $360,000 1 Debt Securities is debited for $360,000 Long-term Investments is credited for $360,000 Asset Securities is debited for $360,000 QUESTION 6 Which of the following securities doesn't pay interest? O corporate bonds notes mortgages stock investments