Check my work Required information [The following information applies to the questions displayed below) Part 1 of 3 Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $38,800, declared no dividends, and the following selected transactions occurred in the order given: points Skipped a, Issued 66,000 shares of the common stock at $12 cash per share. b. Reacquired 2,600 shares at $15 cash per share from stockholders, the shares are now held in treasury. c. Reissued 1,300 of the shares in transaction (b) two months later at $18 cash per share. eBook References Required: 1. Indicating the account, amount, and direction of the effect on above transaction. (Enter any decreases to Assets, Liabilities and Stockholders' Equity with a minus sign.) Assets Liabilities Stockholders' Equity