Prepare journal entries to record the transactions described above. $($List all debit entries before credit entries. Credit account titles ar Bramble Company reported the following amounts in the stockholders' equity section of its December $31,2024,$ balance sheet.

During $2025,$ Bramble took part in the following transactions concerning stockholders' equity.

Paid the annual $2024$$$11$ per share dividend on preferred stock and a $$2$ per share dividend on common stock. These

dividends had been declared on December $31,2024.$

Purchased $1,900$ shares of its own outstanding common stock for $$40$ per share. Bramble uses the cost method.

Reissued $600$ treasury shares for land valued at $$32,100.$

Issued $530$ shares of preferred stock at $$105$ per share.

Declared a $10\%$ stock dividend on the outstanding common stock when the stock is selling for $$47$ per share.

Issued the stock dividend.

Declared the annual $2025$$$11$ per share dividend on preferred stock and the $$2$ per share dividend on common stock. These

dividends are payable in $2026.$

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 O for the amounts.$)$

No$.$ Account Titles and Explanation

Dividends Payable $-$ Preferred Stock

Dividends Payable $-$ Common Stock

Treasury Stock

Treasury Stock

Paid$-$in Capital from Treasury Stock

Paid$-$in Capital in Excess of Par $-$ Preferred Stock

Preferred Stock

$59000$

$86950$

$9250$

Common Stock Dividend Distributable

Paid$-$in Capital in Excess of Par $-$ Preferred Stock

Common Stock

$662700$

$9250$

$\backslash$table$[[77700]]$

Dividends Payable $-$ Preferred Stock

$]$