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  1. business
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  3. on january 1, 2020, the stockholders' equity secti

On January 1, 2020, the stockholders' equity section of Bramble Corporation shows: Common stock ($5...

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Accounting

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On January 1, 2020, the stockholders' equity section of Bramble Corporation shows: Common stock ($5 par value) $1,580,000; in capital in excess of par value $36,600; and retained earnings $1,220,000. During the year, the following treasury stock transac occurred. Mar. 1 July 1 Purchased 33,500 shares for cash at $20 per share. Sold 6,100 treasury shares for cash at $26 per share. Sold 4,500 treasury shares for cash at $19 per share, Sept 1 la) Journalize the treasury stock transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually:) Date Account Titles and Explanation Debit Credit

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