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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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