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Return to course Support :: My Subscriptions Emily S Quest 2 Natyet wiwered Marked out of 32.00 P Raquestion Marketable Debt Securities Use the financial

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Return to course Support :: My Subscriptions Emily S Quest 2 Natyet wiwered Marked out of 32.00 P Raquestion Marketable Debt Securities Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable debt securities classified as available for sale securities a. Loudder Inc. purchases 8,000 bonds with a face value of $1,000 per bond. The bands are purchased at par for cash and pay interest at a semi-annual rate of 4%. b. Loudder receives semi-annual cash interest of $160,000 Year-end fair value of the bonds is 5978 per bond d. Shortly after year-end, Loudder seits all 8,000 bonds for $970 per bond. Use negative signs with answers, if appropriate Balance Sheet Income Statement Noncash Contrib Earned Transaction Cash Asset Assets - Liabilities Captial Capital Revenues Expenses - Net Income Lo purchases bonds -8000000 8000000 o O 0 Loodser rescathinterest 160000 160000 180000 980000 Dondend fair valued 0 Louders bonds 7700000 O O Next Previou Save Awers Typu here to O 3 50 B 9

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