Com C Bran x C Brax C Brax C Brax courses/37260/assignments/561922?module_item_jd-687989 Onlix Uber G how X Ghar Question 1 View Policies Current Attempt in Progress Bramble Corp's balance sheet at December 31, 2021, is presented below. BRAMBLE CORP Balance Sheet December 31, 2021 Cash $73,800 Accounts payable $76,800 240,000 Accounts receivable 136,500 (4.500) 13,200 Common stock ($10 par) Retained earnings Allowance for doubtful accounts 382,200 Supplies Land 120,000 Buildings 426,000 Accumulated depreciation-buildings (66,000) $699,000 $699,000 During 2022, the following transactions occurred 1. On January 1, Bramble issued 3,600 shares of $40 par, 7% preferred stock for $147.600. 2. On January 1, Bramble also issued 2,700 shares of the $10 par value common stock for $63,000. tory Bookmarks People Tab Window Mete 37200m 2 de tem-6799 During 2022, the following transactions occurred. 1 On January 1, Bramblessed 3.600 shares of $40 par preferred stock for $147.500 2 On January 1, Brambe also issued 2.700 shares of the $10 par value common stock for $63.000 Bramble performed services for $960.000 count On April 1.2022. Bramble collected fees of $100.000 in advance for services to be performed from A 1 2022 March 31, 2023 5 Dramble collected $828.000 from customers on account 6 Dramble bought $105.300 of supplies on account 7 Dramble paid $96.600 on accounts payable Dramble reacquired 1.200 shares of its common stock on June 1 for $20 per share Paid other operating expenses of $564600 10. On December 31, 2022, Bramble declared the annual preferred stock dividend and a $1.20 pershare dividend on the outstanding common stock all payable on January 15, 2023 11. An account receivable of $5.100 which originated in 2022 is written off as uncollectible Adjustment dat 1. A count of supplies indicates that $17.700 of supplies remain unused at year-end 2. Recorded revenue from item & above The allowance for doubtful accounts should have a balance of $10.500 a year end. Depreciation is recorded on the building on a straight line basis based on a 30 year and $30.000 3. The income tax rate is 2016 fine Prepare the income statement up to income before tases and multiply by 204 to compute the amoured Prepare journal entries for the transactionssted above and adjusting entries. Credit uses are t Do not indent manually no entry is required select No Entry for the account seles and enter for the amounts Record journal entries in the order History Bookmarks People Tab Window Help com * tra C Cara C o n Uber * w * * - * * courses/37260/assignments/561922 module item id-687989 Prepare journal entries for the transactions listed above and adjusting entries. (Credit account titles are automatically indented when amou Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the ou presented in the problem.) No. Account Titles and Explanation Debit Credit 1. Cash 144.000 Common Stock Pald-in Capital in Excess of Par Vue-Common Stock 108,000 Cash Preferred Stock Paid in Capital in Excess of Par ValuePreferred Stock 3.600 Common Stock 27.000 Pald-in Capital in Excess of Par Value-Common Stock 36.000 Accounts Receivable 960.000 Service Revenue 5. Cash 10000 tory Bookmarks People Tab Window Help 92x() On Uber how how BHX Grax Com * Brax Brax Brax Brax rses/37260/assignments/561922?module_item_id=687989 5. Cash O 000 Unearned Service Revenue 6. Cash 820.000 Accounts Recevable 2000 Supplies 105 300 Accounts Payable 105 200 8. Accounts Payable Cash 9. Common Stock 12.000 Paid in Capital in Excess of Par Value Common Stock 21.600 10. Other Operating Expenses 6800 11. Cash Dividends Dividends Payable * * * G how * 6 o * * O Motory Bookmarks People Tab Window Help * com * * * * du courses/37260assignments/561922modulejtem id-687989 Adjusting entries Prepare an adjusted trial balance at December 31, 2022 History Bookmarks People Tab Window Help 8230 Uber Ghow x G how x H x x Com * x x x Ctra CO Bulcourses/37260assignments/561922?module Jtem_id-687989 Prepare an adjusted trial balance at December 31, 2022. BRAMBLE CORP Adjusted Trial Balance December 31, 2022 Debit Credit 669.600 $ Accounts Receivable 263.400 Allowance for Doubtful Accounts Supplies 13.200 Land 120,000 Building 360.000 Accumulated Depreciation Equipment 66.000 Accounts Payable 103000 Dvidends Pavab 20 History Bookmarks People Tab Window Help 923 * Com * tra * C * Ctra * C lucourses/37260/assignments/561922?module Jtem_id=687989 * * * * * * * * @r Dividends Payable Income Taxes Payable 45,119 Common Stock 291.000 Preferred Stock 144000 Paid in Capital in Excess of Par Value Preferred Stock 126.000 Retained Earnings 382.200 Service Revenue 960.000 Accounts Payable 105.300 Other Operating Expenses 564,600 Bad Debt Expense 5.100 Allowance for Doubtful Accounts 10 500 Depreciation Expense 66.000 Dividends Parable View History Bookmarks People Tab Window Help 20F 5 x com C C C C su.edu/courses/37260assignments/581922 module item_id-687989 On Uber * G * * * * Income Tax Exente 45.119 Prepare an income statement BRAMBLE CORP Income Statement For the Year Ending December 31, 2022 POFIT ROOKOOKOOL 19 ew History Bookmarks People Tab Window Help 9X [ FI * Com C C C C edulcourses/37260assignments/581922?module temjd-687989 * * * * * * BRAMBLE CORP Income Statement For the Year Ending December 31, 2022 : ew History Bookmarks People Tab Window Help 9X [ FI * Com C C C C edulcourses/37260assignments/581922?module temjd-687989 * * * * * * BRAMBLE CORP Income Statement For the Year Ending December 31, 2022 : View * ANDO History Bookmarks People Tab Window Help mx * * * * * courses/37200/assignment/561922 module temid.687089 Prepare a retained earning statement for the year ending December 31, 2022.s * * * that increas ed co s t BRAMBLE CORP Statement of Retained Earnings For the Year End December 31, 2002 Prepare a case bachets of December 31, 2022 ist Current Assets orderedity Property and in der BRAMBLE CORP Balance Sheet Assets Bo t as Peccle To Window Hele COBO Labies and Stockholdersby O CON Com C Bran x C Brax C Brax C Brax courses/37260/assignments/561922?module_item_jd-687989 Onlix Uber G how X Ghar Question 1 View Policies Current Attempt in Progress Bramble Corp's balance sheet at December 31, 2021, is presented below. BRAMBLE CORP Balance Sheet December 31, 2021 Cash $73,800 Accounts payable $76,800 240,000 Accounts receivable 136,500 (4.500) 13,200 Common stock ($10 par) Retained earnings Allowance for doubtful accounts 382,200 Supplies Land 120,000 Buildings 426,000 Accumulated depreciation-buildings (66,000) $699,000 $699,000 During 2022, the following transactions occurred 1. On January 1, Bramble issued 3,600 shares of $40 par, 7% preferred stock for $147.600. 2. On January 1, Bramble also issued 2,700 shares of the $10 par value common stock for $63,000. tory Bookmarks People Tab Window Mete 37200m 2 de tem-6799 During 2022, the following transactions occurred. 1 On January 1, Bramblessed 3.600 shares of $40 par preferred stock for $147.500 2 On January 1, Brambe also issued 2.700 shares of the $10 par value common stock for $63.000 Bramble performed services for $960.000 count On April 1.2022. Bramble collected fees of $100.000 in advance for services to be performed from A 1 2022 March 31, 2023 5 Dramble collected $828.000 from customers on account 6 Dramble bought $105.300 of supplies on account 7 Dramble paid $96.600 on accounts payable Dramble reacquired 1.200 shares of its common stock on June 1 for $20 per share Paid other operating expenses of $564600 10. On December 31, 2022, Bramble declared the annual preferred stock dividend and a $1.20 pershare dividend on the outstanding common stock all payable on January 15, 2023 11. An account receivable of $5.100 which originated in 2022 is written off as uncollectible Adjustment dat 1. A count of supplies indicates that $17.700 of supplies remain unused at year-end 2. Recorded revenue from item & above The allowance for doubtful accounts should have a balance of $10.500 a year end. Depreciation is recorded on the building on a straight line basis based on a 30 year and $30.000 3. The income tax rate is 2016 fine Prepare the income statement up to income before tases and multiply by 204 to compute the amoured Prepare journal entries for the transactionssted above and adjusting entries. Credit uses are t Do not indent manually no entry is required select No Entry for the account seles and enter for the amounts Record journal entries in the order History Bookmarks People Tab Window Help com * tra C Cara C o n Uber * w * * - * * courses/37260/assignments/561922 module item id-687989 Prepare journal entries for the transactions listed above and adjusting entries. (Credit account titles are automatically indented when amou Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the ou presented in the problem.) No. Account Titles and Explanation Debit Credit 1. Cash 144.000 Common Stock Pald-in Capital in Excess of Par Vue-Common Stock 108,000 Cash Preferred Stock Paid in Capital in Excess of Par ValuePreferred Stock 3.600 Common Stock 27.000 Pald-in Capital in Excess of Par Value-Common Stock 36.000 Accounts Receivable 960.000 Service Revenue 5. Cash 10000 tory Bookmarks People Tab Window Help 92x() On Uber how how BHX Grax Com * Brax Brax Brax Brax rses/37260/assignments/561922?module_item_id=687989 5. Cash O 000 Unearned Service Revenue 6. Cash 820.000 Accounts Recevable 2000 Supplies 105 300 Accounts Payable 105 200 8. Accounts Payable Cash 9. Common Stock 12.000 Paid in Capital in Excess of Par Value Common Stock 21.600 10. Other Operating Expenses 6800 11. Cash Dividends Dividends Payable * * * G how * 6 o * * O Motory Bookmarks People Tab Window Help * com * * * * du courses/37260assignments/561922modulejtem id-687989 Adjusting entries Prepare an adjusted trial balance at December 31, 2022 History Bookmarks People Tab Window Help 8230 Uber Ghow x G how x H x x Com * x x x Ctra CO Bulcourses/37260assignments/561922?module Jtem_id-687989 Prepare an adjusted trial balance at December 31, 2022. BRAMBLE CORP Adjusted Trial Balance December 31, 2022 Debit Credit 669.600 $ Accounts Receivable 263.400 Allowance for Doubtful Accounts Supplies 13.200 Land 120,000 Building 360.000 Accumulated Depreciation Equipment 66.000 Accounts Payable 103000 Dvidends Pavab 20 History Bookmarks People Tab Window Help 923 * Com * tra * C * Ctra * C lucourses/37260/assignments/561922?module Jtem_id=687989 * * * * * * * * @r Dividends Payable Income Taxes Payable 45,119 Common Stock 291.000 Preferred Stock 144000 Paid in Capital in Excess of Par Value Preferred Stock 126.000 Retained Earnings 382.200 Service Revenue 960.000 Accounts Payable 105.300 Other Operating Expenses 564,600 Bad Debt Expense 5.100 Allowance for Doubtful Accounts 10 500 Depreciation Expense 66.000 Dividends Parable View History Bookmarks People Tab Window Help 20F 5 x com C C C C su.edu/courses/37260assignments/581922 module item_id-687989 On Uber * G * * * * Income Tax Exente 45.119 Prepare an income statement BRAMBLE CORP Income Statement For the Year Ending December 31, 2022 POFIT ROOKOOKOOL 19 ew History Bookmarks People Tab Window Help 9X [ FI * Com C C C C edulcourses/37260assignments/581922?module temjd-687989 * * * * * * BRAMBLE CORP Income Statement For the Year Ending December 31, 2022 : ew History Bookmarks People Tab Window Help 9X [ FI * Com C C C C edulcourses/37260assignments/581922?module temjd-687989 * * * * * * BRAMBLE CORP Income Statement For the Year Ending December 31, 2022 : View * ANDO History Bookmarks People Tab Window Help mx * * * * * courses/37200/assignment/561922 module temid.687089 Prepare a retained earning statement for the year ending December 31, 2022.s * * * that increas ed co s t BRAMBLE CORP Statement of Retained Earnings For the Year End December 31, 2002 Prepare a case bachets of December 31, 2022 ist Current Assets orderedity Property and in der BRAMBLE CORP Balance Sheet Assets Bo t as Peccle To Window Hele COBO Labies and Stockholdersby O CON