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bramble inc has outstanding 15000 shares of $10 par value common stock . on july 1, 2025 , bramble reacquried 108 shares at $87 per
bramble inc has outstanding 15000 shares of $10 par value common stock . on july 1, 2025 , bramble reacquried 108 shares at $87 per shere . on semptember 1 bramble reissued 63 shares at $91 per share on november 1, bramble reisussed 45 shares at $84 per share prepare brambles journal entries to record these transactions using the cost method
Bramble Inc. has outstanding 15,000 shares of $10 par value common stock. On July 1, 2025, Bramble reacquired 108 shares at $87 per share. On September 1, Bramble reissued 63 shares at $91 per share. On November 1, Bramble reissued 45 shares at $84 per share. Prepare Bramble's journal entries to record these transactions using the cost method. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record entries in the order displayed in the problem statement.)Step by Step Solution
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