Question: On May 1 0 , Bramble Corp. issues 1 , 2 0 0 shares of $ 5 par value common stock for cash at $

On May

10,

Bramble Corp. issues

1, 200

shares of $

5

par value common stock for cash at $

12

per share.

Journalize the issuance of the stock.

(

Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select

"

No Entry" for the account titles and enter O for the amounts.

)

Date Account Titles and Explanation

Debit

Credit

May

10

On May 10, Bramble Corp. issues 1,200 shares of $5 par

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