Selected transactions for Bramble Corp. during its first month in business are as follows. Sept.
1 Stockholders invested $11,300 cash in the business in exchange for common stock.
5 Purchased equipment for $13,900 paying $4,500 in cash and the balance on account.
25 Paid $2,300 cash on balance owed for equipment.
30 Declared and paid a $520 cash dividend.

Required:
Journalize the transactions.

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $