Using the Journal Provided,enter the Following Transactions for LaPana Corporation $\$ 30,000$

Essay

Using the journal provided,enter the following transactions for LaPana Corporation for 2009 and 2010.Please provide all explanations.
2009
Aug. 13 Purchased 1,000 shares of Casper Corporation stock for $\$ 30,000$ . These securities were purchased primarily for trading purposes.

Oct. 5 Purchased 4,000 shares of Tally Corporation stock for $\$ 68,000$ . These securities were purchased primarily for trading purposes.

Nov. 1 Invested $\$ 98,000$ in 120 -day U.S. Treasury bills that have a maturity value of $\$ 100,000$ .

Dec. 31 The market value of the Casper Corporation shares is $\$ 31,000$ , and the market value of the Tally Corporation stock is $\$ 63,000$ . A year-end adjustment is made.
31 A year-end adjustment is made for accrued interest on the Treasury bills.

2010
Mar. 1 Received maturity value of U.S. Treasury bills in cash.
Apr. 14 Sold all 1,000 shares of Casper Corporation stock for $\$ 30,800$ .
Sept. 22 Received dividends of $\$ 1$ per share from Tally Corporation.
Dec. 31 The market value of the Tally Corporation shares is $\$ 70,000$ . A year-end adjustment is made.