Bramble Corp. had the following transactions. 1. Sold land (cost $7,360) for $9,200. 2. Issued common stock at par for $20,500. 3. Recorded depreciation on buildings for $15,400. 4. Paid salaries of $6,200. 5. Issued 1,500 shares of $1 par value common stock for equipment worth $8,200. 6. Sold equipment (cost $12,300, accumulated depreciation $8,610) for $1,476. How do I prepare a journal entry for the above transactions?

Bramble Corp. had the following transactions. 1. Sold land (cost $7,360) for $9,200. 2. Issued common stock at par for $20,500. 3. Recorded depreciation on buildings for $15,400. 4. Paid salaries of...

Bramble Corp. had the following transactions.

Sold land (cost $7,360) for $9,200.

Issued common stock at par for $20,500.

Recorded depreciation on buildings for $15,400.

Paid salaries of $6,200.

Issued 1,500 shares of $1 par value common stock for equipment worth $8,200.

Sold equipment (cost $12,300, accumulated depreciation $8,610) for $1,476.

How do I prepare a journal entry for the above transactions?

Jun 02, 2022