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Check my work Prepare Hertog Company's journal entries to reflect the following transactions for the current year. May 7 Pur chases 410 shares of Kraft
Check my work Prepare Hertog Company's journal entries to reflect the following transactions for the current year. May 7 Pur chases 410 shares of Kraft stock as a short-term investment in trading securities at a cost of $71 per share plus $510 in broker fees June 6 Sells 410 shares of its investment in Kraft stock at $77 per share. The broker 's commission on this sale is $255. View transaction list Record the purchase of 410 shares of Kraft stock as a short-term investment in trading securities at a cost of $71 per share plus $510 in broker fees. 1 trading Record the sale of 410 shares of its investment in Kraft stock at $77 per share. The broker's commission on this sale is $255 2 Credit
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