Question: 2points eBookHint Print References Check my workCheck My Work button is now enabled1 Item 4 Prepare Hertog Companys journal entries to record the following transactions

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Prepare Hertog Companys 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 $10,750.
June 6 Sells its entire investment in Kraft bonds for $11,240 cash.

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