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Bramble Co . sold $ 2 , 9 5 0 , 0 0 0 , 9 % , 1 0 - year bonds on January

Bramble Co. sold $2,950,000,9%,10-year bonds on January 1,2027. The bonds were dated January 1,2027, and pay interest on
January 1. Financial statements are prepared annually.
(a)
Prepare a tabular summary to record issuance of the bonds assuming they sold at (1)101 and (2)98.(If a transaction causes a
decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular
Asset, Liability or Equity item that was reduced.)
(2)
eTextbook and Media
List of Accounts
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