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

question 3

Essay

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