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The following information relates to the 2020 debt and equity investment transactions of Wildcat Ltd., a publicly accountable Canadian corporation. All of the investments were

The following information relates to the 2020 debt and equity investment transactions of Wildcat Ltd., a publicly accountable Canadian corporation. All of the investments were acquired for trading purposes and accounted for using the FV-NI model, with all transaction costs being expensed. No investments were held at December 31, 2019, and the company prepares financial statements only annually, each December 31, following IFRS.

1. On February 1, the company purchased Williams Corp. 12% bonds, at par value for $500,000, plus accrued interest. Interest is payable April 1 and October 1.
2. On April 1, semi-annual interest was received on the Williams bonds.
3. On July 1, 9% bonds of Saint Inc. were purchased. These bonds, with a par value of $200,000, were purchased at par plus accrued interest. Interest dates are June 1 and December 1.
4. On August 12, 3,000 shares of Scotia Corp. were acquired at a cost of $59.00 per share. A 1% commission was paid.
5. On September 1, Williams Corp. bonds with a par value of $100,000 were sold at 104 plus accrued interest.
6. On September 28, a dividend of $0.50 per share was received on the Scotia Corp. shares.
7. On October 1, semi-annual interest was received on the remaining Williams Corp. bonds.
8. On December 1, semi-annual interest was received on the Saint Inc. bonds.
9. On December 28, a dividend of $0.52 per share was received on the Scotia Corp. shares.
10.

On December 31, the following fair values were determined: Williams Corp. bonds 101.75; Saint Inc. bonds 97; and Scotia Corp. shares $60.50.

a. Prepare all 2020 journal entries necessary to properly account for the investment in the Williams Corp. bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

b.Prepare all 2020 journal entries necessary to properly account for the investment in the Saint Inc. bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

c.Prepare all 2020 journal entries necessary to properly account for the investment in the Scotia Corp. shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

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