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During 2021, Granger Financial Corporation had the following trading investment transactions: Feb. 1 Purchased 600...

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Accounting

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During 2021, Granger Financial Corporation had the following trading investment transactions: Feb. 1 Purchased 600 CBF common shares for $33,000. Mar. 1 Purchased 770 RSD common shares for $23,100. Apr. 1 Purchased 7\% MRT bonds at face value, for $57,600. Granger received interest from these bonds semi-annually on. April 1 and October 1. July 1 Recelved a cash dividend of $3 per share on the CBF common shares. Aug. 1 Sold 220 CBF common shares at $53 per share. Oct. 1 Received the semi-annual interest on the MRT bonds. 1 Sold the MRT bonds for $59.400. Dec. 30 RSD declared a dividend of $1.50 per share, payable on January 15 next year. Dec. 31 The market prices of the CBF and RSD common shares were $50 and $31 per share, respectively. Record the above transactions, including any required adjusting entries, using the fair value through profit or loss model. (Ilst all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. Record entries in the order presented in the question. Round answers to O decimal ploces, eg. 5,250. If no entry is required, select "No Entry" for the account titles and enter of for the amounts.)

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