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Exercise 13-05 Bramble Co. had the following transactions during the current period. Mar. 2 Issued 4,700 shares of $4 par value common stock to attorneys

Exercise 13-05

Bramble Co. had the following transactions during the current period.

Mar. 2 Issued 4,700 shares of $4 par value common stock to attorneys in payment of a bill for $23,100 for services performed in helping the company to incorporate.
June 12 Issued 56,700 shares of $4 par value common stock for cash of $298,600.
July 11 Issued 2,900 shares of $110 par value preferred stock for cash at $130 per share.
Nov. 28 Purchased 2,260 shares of treasury stock for $77,500.

Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Mar. 2June 12July 11Nov. 28

Mar. 2June 12July 11Nov. 28

Mar. 2June 12July 11Nov. 28

Mar. 2June 12July 11Nov. 28

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