irepare Hertog Company's journal entries to record the following transactions for the current year. May 7 purchases Kraft bonds as a short-term investment in trading securities at a cost of $10,830. une 6 Sells its entire investment in Kraft bonds for \$11,330 cash. Journal entry worksheet Purchases Kraft bonds as a short-term investment in trading securities at a cost of $10,830. Note: Enter debits before credits. Journal entry worksheet Sells its entire investment in Kraft bonds for \$11,330 cash. Note: Enter debits before credits