Question 2 Bramble Ltd. is authorized to issue 10,000, $6 noncumulative preferred shares. On January 13, it issued 2,700 preferred shares for $85 cash per share. Prepare the journal entry to record the transaction. (Credit account titles are automatically indented when the amount is entered. Do not Indent select "No Entry" for the account tities and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 13 (To record issuance of shares.) LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor