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Presented below is the adjusted trial balance of Waterway Corporation at December 31, 2020. Debit Credit Cash $ ? 1,460 1,260 48,260 $ 4,260 1,210
Presented below is the adjusted trial balance of Waterway Corporation at December 31, 2020. Debit Credit Cash $ ? 1,460 1,260 48,260 $ 4,260 1,210 10,260 760 2,260 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2027) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense 9,260 10,260 25,260 10,260 9,260 1,660 1,460 1,160 Total $ ? $ ? Additional information: 1. Net loss for the year was $3,280. No dividends were declared during 2020. 2. WATERWAY CORPORATION Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity $ $ $
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