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In the Journal Provided,prepare the Entries for the Transactions Described $11,850 \$ 11,850

Question 147

Essay

In the journal provided,prepare the entries for the transactions described below.(Omit explanations.)
Mar. 17 Purchased 90 -day Treasury bills for $11,850 \$ 11,850 . This investment will be held to maturity.

June 15 Treasury bills matured; $12,000 \$ 12,000 received. (No prior entries were made to recognize revenue.) In the journal provided,prepare the entries for the transactions described below.(Omit explanations.) Mar. 17 Purchased 90 -day Treasury bills for \$ 11,850 . This investment will be held to maturity. June 15 Treasury bills matured; \$ 12,000 received. (No prior entries were made to recognize revenue.)

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