Rose company had no short term investments prior to year 2017. It had the following transactions involving short term investments in available for sale securities during 2017

omework Required Information Problem 15-2A Recording, adjusting, and reporting short-term available-for-sale securities LO P3 IThe following information applies to the questions displayed below Rose Company had no short-term investments prior to year 2017. t had the following transactions involving short term investments in available-for-sale securities during 2017. Apr. 16 Purchased 6,000 shares of Gem Co. stock at $29.75 per share plus a $300 brokerage fee. May 1 Paid $210,000 to buy 3-month U.S. Treasury bills (debt securities): $210,ee0 principle July 7 Purchased 3,000 shares of Pepsico stock at $52.00 per share plus a $270 brokerage fee. Aug. 1 Received a check for principal and accrued interest on the U.s. Treasury bills that amount, 5% interest, securities mature on July 31. 20 Purchased 1,500 shares of Xerox stock at $17.00 per share plus a $350 brokerage fee. matured on July 31. 15 Received a(n) $e.95 per share cash dividend on the Gem Co. stock. 28 Sold 3,000 shares of Gem Co. stck t$36.50 per share less a $390 brokerage fee. Oct. 1 Received a $1.60 per share cash divfdend on the PepsiCo shares. Dec. 15 Received a $1.10 per share cash dividend on the remaining Gem Co. shares. 31 Received a $1.40 per share cash dividend on the PepsiCo shares. Problem 15-2A Part 1 Required: 1. Prepare journal entries to record the preceding transactions and events, (If no entry is requtredi for a trensactlion/event, select "No Journal entry required" In the first account field.)