(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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:No. Account Titles and Explanation
(a)
(b)
(c)
(d)
(e)
eTextbook and Media
Debit
Credit
Transcribed Image Text:Current Attempt in Progress
Bramble 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 are
automatically 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)
Debit
Credit
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