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What are the correct answers for the entries in red? Thank you! During its first year of operations, Bramble Corporation had the following transactions pertaining

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What are the correct answers for the entries in red? Thank you!

During its first year of operations, Bramble Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 67,000 shares for cash at $7 per share. July 1 Issued 41,000 shares for cash at $9 per share. (a) your answer is partially correct. Try again. Journalize the transactions, assuming that the common stock has a par value of $7 per share, (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit 469,000 Date Jan. 10 V Cash Common Stock 469,000 July 1 Cash 287,000 xi Common Stock 200,000 Paid-in Capital in Excess of Par-Common Stock 87,000

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