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Prepare journal entries for the following transactions during June 2021 and make month-end adjsutments for remeasurement of marketable securities: 1/Jun 5/Jun invested $9,250 in 90-day
Prepare journal entries for the following transactions during June 2021 and make month-end adjsutments for remeasurement of marketable securities: 1/Jun 5/Jun invested $9,250 in 90-day treasury bill that had a maturity value of $10,000. purchased 1,000 shares of ABC Co. Common stock at $15 per share as trading securities. 10/Jun 20/Jun received dividends of $1 per share from ABC Co. sold 500 shares of ABC Co. for $14 per share. market price of ABC Co. shares is $13 per share. 30/Jun DATE ACCOUNT NAME CR 1/Jun dr Account Name 5/Jun dr 10/Jun dr 20/Jun dr dr 30/Jun dr 30/Jun dr cr cr cr cr cr cr cr Account Name Account Name Account Name Account Name Account Name Account Name Account Name Account Name Account Name Account Name Account Name Account Name Account Name DR
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