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In 2017. Bramble Inc. issued 57.000 shares of $2 par value preferred stock for five semi-trucks worth $285,000. Prepare Bramble's journal entry to record the
In 2017. Bramble Inc. issued 57.000 shares of $2 par value preferred stock for five semi-trucks worth $285,000. Prepare Bramble's journal entry to record the transaction. (Credit account titles are automatically indented when amount is ent Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Indicate the effect the transaction has on cash Effect on cash Indicate how the transaction is reported on the statement of cash flows. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000)) Bramble Inc. statement of cash flows (Partial) December 31, 2017 Purchase equipment through issuance of common stock $
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