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Problem - (Part Level Submission) Bramble Corp, was organized on January 1, 2017. It is authorized to issue 21,200 shares of 7%, $50 par value

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Problem - (Part Level Submission) Bramble Corp, was organized on January 1, 2017. It is authorized to issue 21,200 shares of 7%, $50 par value preferred stock and 474,000 shares of no par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year Jan 10 Issued 66,600 shares of common stock for cash at $4 per share Mar. 1 Issued 1.185 shares of preferred stock for cash at $57 per share. May 1 Issued 122,000 shares of common stock for cash at 7 per share Sept. Issued 6,400 shares of common stock for cash at 58 per share. Now, 1 issued 4,400 shares of preferred stock for cash at $50 per share. (a) Prepare a tabular summary to record the transactions. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Foulty item that was reduced.) Asses su khi quay Paldin Capital PIC in Excess of stated Value PICI Par Value Prel. Stock Prel Metained Earnings Como Stock + Nevenaan Divided jan. 10 1 Mar. 1 May 1 Sept. 1 Nov. 1 Total Click if you would like in Show Work for this stinn One Show Work License Agreement Privacy Policy 12000:2020 John Wiley Sons Inc. All Reserved. A Division of John Wiley Sons Inc. Vero 4.242

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