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Question 1 of 1- The stockholders' equity accounts of Bramble Corp. on January 1, 2022, were as follows. Preferred Stock (6%, $100 par noncumulative, 5,000

Question 1 of 1- The stockholders' equity accounts of Bramble Corp. on January 1, 2022, were as follows. Preferred Stock (6%, $100 par noncumulative, 5,000 shares authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (5,000 common shares) Feb. 1 Mar. 20 Oct. 1 Nov. 1 Dec. 1 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Dec. 31 $300,000 1,000,000 15,000 Paid the dividend declared on December 1. 480,000 707,500 40,000 Issued 5,000 shares of common stock for $35,000. Purchased 1,000 additional shares of common treasury stock at $9 per share. Declared a 6% cash dividend on preferred stock, payable November 1. Paid the dividend declared on October 1. 10 |!! Declared a $0.40 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022.
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The stockholders' equity sccounts of Brarnble Corp. on January 1.2022 were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1 Issued 5,000 shares of commanstack for $35,000. Mar. 20 Purchased 1,000 additional shares of common treasury stock at $9 per share. Oct. 1 Dectared a 6% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dek. 1 Dechared a $0.40 per share cash dividend to common stockholders of cecord on December 15, payble December 31. 2022 Dec. 31 Paid thedividend dectared on December 1 (14) ficcord the 2022 transactions in the babur summary of the amount ritered for the particular Asset, Liability on Esaity ifem that was reduced.) eTextbook and Media Retained Earnings Revenue Expense Dividend: 5 s. Preforred stock Commonatock Paid in-capital in excess of preferred stock Oividends Intorest oxpense. Paid in eapital in excess of common stock

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