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VIEW PUBLI Current Attempt in Progress Cullumber Corporation purchased debt investments for $69,000 on January 1, 2022. On July 1, 2022. Cullumber received cash interest
VIEW PUBLI Current Attempt in Progress Cullumber Corporation purchased debt investments for $69,000 on January 1, 2022. On July 1, 2022. Cullumber received cash interest of $3,105. Journalize the purchase and the receipt of interest. Assume that no interest has been accrued. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation July 1 Jan. 1-9 Debit Credit Current Attempt in Progress On August 1, Blossom Company buys 1,000 shares of Estrada common stock for $25,000 cash. On December 1, Blossom sells the stock investments for $28,000 in cash. Journalize the purchase and sale of the common stock. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit
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