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 $10.030. June 6 Sells its entire investment in Kraft bonds for $10,430 cash. View transaction list Journal entry worksheet < 1 2 Purchases Kraft bonds as a short-term investment in trading securities at a cost of $10,030. Note: Enter debits before credits. Date May 07 General Journal Debit Credit View general journal Record entry Clear entry