Question
Bramble Corp. provides security services. Selected transactions for Bramble Corp. are presented below. Oct. 1 Issued common stock in exchange for $ 51,500 cash from
Bramble Corp. provides security services. Selected transactions for Bramble Corp. are presented below.
Oct. 1 | Issued common stock in exchange for $ 51,500 cash from investors. | |
2 | Hired part-time security consultant. Salary will be $ 1,600 per month. First day of work will be October 15. | |
4 | Paid 1 month of rent for building for $ 1,600. | |
7 | Purchased equipment for $ 14,000, paying $ 3,100 cash and the balance on account. | |
8 | Paid $ 600 for advertising. | |
10 | Received bill for equipment repair cost of $ 310. | |
12 | Provided security services for event for $ 2,500 on account. | |
16 | Purchased supplies for $ 320 on account. | |
21 | Paid balance due from October 7 purchase of equipment. | |
24 | Received and paid utility bill for $ 115. | |
27 | Received payment from customer for October 12 services performed. | |
31 | Paid employee salaries and wages of $ 4,000. |
Part 1
Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Date | Account Titles and Explanation | Debit | Credit |
---|---|---|---|
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
choose a transaction date Oct. 1Oct. 2Oct. 4Oct. 7Oct. 8Oct. 10Oct. 12Oct. 16Oct. 21Oct. 24Oct. 27Oct. 31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started