Selected transactions for Bramble Corp. during its first month in business are presented below: Sept....
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Accounting
Selected transactions for Bramble Corp. during its first month in business are presented below:
Sept. 1 Issued common stock in exchange for $ 44,000 cash received from investors.
Sept 5 Purchased equipment for $ 21,400, paying $ 2,100 in cash and the balance on account.
Sept 25 Paid $ 6,500 cash on balance owed for equipment.
Sept 30 Paid $ 1,900 cash dividend.
Post the transactions to T-accounts.
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