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requried: entry: Exercise 15-3 Accounting for held-to-maturity debt securities LO P2 Prepare Natura Co s journal entries to record the following transactions involving its short-term
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Exercise 15-3 Accounting for held-to-maturity debt securities LO P2 Prepare Natura Co s journal entries to record the following transactions involving its short-term investments in held-to-maturity debt securities, all of which occurred during the current year, On June 15, paid $286,000 cash to purchase Remed's 90-day short-term debt securities ($286,000 principal), dated June 15, that pay 5% interest b. On September 16, received a check from Remed in payment of the principal and 90 days interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.) Journal entry worksheet entry:
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