(Answered) Prepare hertog companys journal entries to reflect the

Accounting

Prepare Hertog Company's journal entries to reflect the following transactions for the current year.

May 7 Purchases 200 shares of Kraft stock as a short term investment in available for sale securities at a cost of $ 50 per share plus $ 300 in broker fees.
June 6 Sells 200 shares of its investment in Kraft stock at $ 56 per share. The broker's commission on this sale is $ 150.

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