Question: Current Attempt in Progress Bramble Ltd. was incorporated on January 1, 2024. During the year the company entered into the following transactions: Jan. 5 Issued

Current Attempt in Progress Bramble Ltd. was incorporated on January 1, 2024. During the year the company entered into the following transactions: Jan. 5 Issued 56,000 common shares for $2.50 per share. 20 Issued 2,700 common shares to settle legal expenses. The value of the legal expenses was $9,098. Feb. 10 Issued 14,000 preferred shares for $50.00 per share. Aug. 12 Repurchased 16,800 common shares for $2.40 per share. Oct. 1 Issued 5,800 common shares for $2.25 per share. Dec. 15 Repurchased 19,000 comon shares for $2.70 per share. Jan. Record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Round per share calculations to 2 decimal places, e.g. 5.75 and final answers to 0 decimal places, e.g. 5,275.) Date Jan. 5 337 Account Titles Cash Common Shares NOV 26 tv N Debit 140,000 A Credit 140,000

Bramble Ltd. was incorporated on January 1, 2024. During the year the company entered into the following transactions: Jan. 5 issued 56,000 common shares for $2.50 per share. Jan. 20 Issued 2,700 common shares to settle legat expenses. The value of the legal expenses was $9,098. Feb. 10 Issued 14,000 preferred shares for $50,00 per share. Aug. 12 Repurchased 16,800 common shares for $2.40 per share. Oct. 1 Issued 5.800 common shares for $2.25 pershare. Dec. 15 Repurchased 19,000 conhon shares for $2.70 per share. Record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Record journal entries in the order presented in the problem. List all debit entries before credit entries. Round per share catculations to 2 decimal places, e. 3. 5.75 and final answers to 0 decimal places, e.g. 5.275.)

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