Record the one-half month of interest owed related to January 15 borrowing.

On September 1, Leather Supplers, Incorporated, purchases 200 shares of Western Wear Clothing for 512.50 per share. On Novernber 1. Leather Supgliers sells the investment for $1600 per share. How will the purchase and sale of the investment in Western Wear Clothing affect the financial statements of Leather Suppliers? Complete this question by entering your answers in the tabs below. On Septernber 1, Leather Suppliers, Incorporated, purchases 200 shares of Western Wear Clothing for $12.50 per srare. Note: Ameunts to be deducted should be indicated by a minus sign. On September 1, Leather Suppliers, Incorporoted, purchases 200 shares of Western Wear Clothing for $12.50 per share. On November 1, Leather Suppliers sells the investment for $16.00 per shore. How will the purchase and sale of the investment in Westem Wear Clothing affect the financial statements of Leather Suppliers? Complete this question by entering your answers in the tabs below. On November 1, Leather Suppliers selis the investment for $16.00 per share. Note: Amounts to be deducted should be indicated by a minus sign