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?

Question

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?

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