Prepare journal entries to record the following transactions involving the short-term securities investments of Natura Co., all of which occurred during year 2013. a. On June 15, paid $156,000 cash to purchase Remedy’s 90-day short-term debt securities ($156,000 principal), dated June 15, that pay 9% interest (categorized as held-to-maturity securities).

Prepare journal entries to record the following transactions involving the short-term securities investments of Natura Co., all of which occurred during year 2013.

a.	On June 15, paid $156,000 cash to purchase Remedy’s 90-day short-term debt securities ($156,000 principal), dated June 15, that pay 9% interest (categorized as held-to-maturity securities).

b. On September 13, received a check from Remedy in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.)   Explanation: b. Collected proceeds of debt securities with interest of $156,000 × 0.09 × 90/360 = $3,510