Prepare 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 $10.790. June 6 Sells its entire investment in Kraft bonds for $11,400 cash. View transaction list Journal entry worksheet Purchases Kraft bonds as a short-term investment in trading securities at a cost of $10,790. Note: Enter debits before credits. Date May 07 General Journal Debit Credit Record entry Clear entry View general journal