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Bramble Corp. was organized on January 1, 2022. It is authorized to issue 20,000 shares of 5%. $52 par value preferred stock and 452,000
Bramble Corp. was organized on January 1, 2022. It is authorized to issue 20,000 shares of 5%. $52 par value preferred stock and 452,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. 1 Jan. 10 Mar. 1 May Sept. 1 Nov. 1 Issued 66,000 shares of common stock for cash at $6 per share. Issued 1,120 shares of preferred stock for cash at $55 per share. Issued 111,000 shares of common stock for cash at $7 per share. Issued 4,200 shares of common stock for cash at $7 per share. Issued 2,200 shares of preferred stock for cash at $57 per share. Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2022. BRAMBLE CORP Partial Balance Sheet 0 0 1A >> 0 t
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