Qs 15-4 Recording trading securities LO P1 Prepare Hertog Company's journal entries to reflect the following transactions for the current year May 7 Purchases 370 shares of kraft stock as a short-tern investment in trading securities at a cost of $67 per share plus $470 in broker fees. June 6 Sells 370 shares of its investment in Kraft stock at $73 per share. The broker s comission on this sale is $235. View transaction list Journal entry worksheet Record the purchase of 370 shares of Kraft stock as a short-term investment in trading securities at a cost of $67 per share plus $470 in broker fees. Note: Enter debits before credits General Debit Credit May 07 Clear entry View general journal Record entry Prev 19 of 56 ill Nest > QS 15-4 Recording trading securities LO P1 y's journal entries to reflect the following transactions for the current year. May 7 Purchases 370 shares of Kraft st plus $470 in broker fees. ock as a short-term investment in trading securities at a cost of $67 per share 6 Sells 370 shares of its investment in Kraft stock at $73 per share. The broker's commission on k at $73 per share. The broker's commission on this sale is $235 View transaction list Journal entry worksheet Record the sale of 370 shares of its investment in Kraft stock at $73 per share. The broker's commission on this sale is $235. Note: Enter debits before credits. Date General Journal Debit June 06 Record entry Clear entry View general journal