Help No. Account Titles and Explanation(a)(b)(c)(d)(e)eTextbook and MediaDebitCredit Current Attempt in ProgressBramble Corporation issued 2.650 shares of stock.Prepare the entry for the issuance under the following assumptions. (List all debit entries before credit entries. Credit account titles areautomatically indented when amount is entered. Do not indent manually.)(a)(b)(c)(d)(e)No. Account Titles and Explanation(a)(b)(c)The stuck had a par value of $1.50 per share and was issued for a total of $49,500.The stock had a stated value of $4.50 per share and was issued for a total of $49,500.The stock had no par ur stated value and was issued for a total of $49,500.The stock had a par value of $4.50 per share and was issued to attorneys for services during incorporation valued at $49,500.The stuck had a par value of $4.50 per share and was issued for land worth $49,500.(d)DebitCredit

Working Cash Received $ 49,500 Less Par Value (2650 shares *$4.50) $…

(b) (c) (d) (e) No. Account Filles and Explanation 3 (a) (b) C € value of n per share and was issued for a total of $49,500. The stock had a stated value of $4.50 per share and was issued for a total of $49,500. The stock had no par ur stated value and was issued for a total of $49,500. The stock had a par value of $4.50 per share and was issued to attorneys for services during incorporation valued at $49,500. The stuck had a par value of $4.50 per share and was issued for land worth $49.500. (d) Debit 1100 Credit LLL

(b) (c) (d) (e) No. Account Filles and Explanation 3 (a) (b) C € value of n per share and was issued for a total of $49,500. The stock had a stated value of $4.50 per share and was issued for a total of $49,500. The stock had no par ur stated value and was issued for a total of $49,500. The stock had a par value of $4.50 per share and was issued to attorneys for services during incorporation valued at $49,500. The stuck had a par value of $4.50 per share and was issued for land worth $49.500. (d) Debit 1100 Credit LLL

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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