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View Policies Current Attempt in Progress Bramble Corporation was organized on January 1, 2022. It is authorized to issue 11,000 shares of 8%, $ 100

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View Policies Current Attempt in Progress Bramble Corporation was organized on January 1, 2022. It is authorized to issue 11,000 shares of 8%, $ 100 par value preferred stock, and, 524,000 shares of no-par common stock with a stated value of $ 2 per share. The following stock transactions were completed during the first year. Jan 10 Mar. 1 Apr. 1 May 1 Issued 83,000 shares of common stock for cash at $4 per share. Issued 4,600 shares of preferred stock for cash at $ 110 per share. issued 23,000 shares of common stock for land. The asking price of the land was $89.500. The fair value of the land was $ 86,000 Issued 81.000 shares of common stock for cash at $5.00 per share, Issued 10,500 shares of common stock to attorneys in payment of their bill of $ 42,000 for services performed in helping the company organize. Issued 10,500 shares of common stock for cash at $5 per share. Issued 3,000 shares of preferred stock for cash at $ 112 per share, Aug 1 Sept. 1 Nov 1 Question -7.SU (a) Journalize the transactions. (List all debit entries before credit entries. Recordjournal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit

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