prepare hertog companys journal entries to reflect the following transactions to the current year.

Prepare Hertog Company's journal entries to reflect the following transactions for the current year May 7 Purchases 400 shares of Kraft stock as a short-term investment in trading securities at a cost of $70 per share plus ssee in Dune 6 Sells 400 shares of its investment in Kraft stock a 576 per share. The broker's comission on this sale is s. broker fees. J View transaction list Journal entry worksheet Record the purchase of 400 shares of Kraft stock as a short-term investment in trading securities at a cost of $70 per share plus $500 in broker fees. Note: Enter debits before credits General Journal Debit Credit Date May 07 Prepare Hertog Company's journal entries to reflect the following transactions for the current year May 7 Purchases 400 shares of Kraft stock as a short-term investeent in trading securities at a cost of 570 per share plus s une 6 Sells 400 shares of its investment in Kraft stock at 576 per share. The broker's commission on this sale is $25 broker fees View transaction list Journal entry worksheet Record the sale of 400 shares of its investment in Kraft stock at $76 per share. The broker's commission on this sale is $250. Note: Enter debits before credits General Journal Debit Credit June 06 1 of 7 Next >