Waterway Company reported the following amounts in the stockholders equity section of its December 31, 2019, balance sheet Preferred stock, 9%, $100 par (10,000 shares authorized, 1,800 shares Issued) $180,000 Common stock, Spar (101,500 shares authorized, 20.300 shares issued) 101.500 Additional paid in capital 130.000 Retained earnings $897.500 486,000 Total 1 2 During 2020, Waterway took part in the following transactions concerning stockholders equity Paid the annual 2019 59 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. Purchased 1.800 shares of its own outstanding common stock for 541 per shwe Waterway uses the cost method. Reissued 700 treasury shares for land valued at $31.400. Issued 510 shares of preferred stock at $104 per share Declared a 10% stock dividend on the outstanding common stock when the stock is seting for $45 per share. Issued the stock dividende Declared the annuat 2020 59 per share dividend on preferred stock and the $2 per share dividend on common stock. These 3 4. 5. 6 7. dividends are payable in 2021 Debit Credit No. Account Titles and Explanation Dividends Payable. Comision 1. 40.00 Dividers Payable. Preferred 16200 56800 2 Treasury Stock 73800 73800 3 Land 31400 Treasury Stock 28700 Paid in Capital from Treasury Stock 2700 4 Cash 53040 Preferred Stock 51000 2040 Pais Caitlinesc of Pt. Preferred Stock Cash 53000 Preferred Stock 51000 Padiness Parferred Stock 2010 Retained 400 Common Stock Dividend Distributie 9600 Paid-Capital in Excess of Pwr Common Stock 7000 6 Common Stock Didend od Como Stod WO 7. Retained Earnings 603 Dividends Parable Common 42240 Didends Pared e Textbook and Media Assistance Used WATERWAY COMPANY Stockholders' Equity December 1, 2020 Capital Stor Stock Common Stock Total Capital Waterway Company reported the following amounts in the stockholders equity section of its December 31, 2019, balance sheet Preferred stock, 9%, $100 par (10,000 shares authorized, 1,800 shares Issued) $180,000 Common stock, Spar (101,500 shares authorized, 20.300 shares issued) 101.500 Additional paid in capital 130.000 Retained earnings $897.500 486,000 Total 1 2 During 2020, Waterway took part in the following transactions concerning stockholders equity Paid the annual 2019 59 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. Purchased 1.800 shares of its own outstanding common stock for 541 per shwe Waterway uses the cost method. Reissued 700 treasury shares for land valued at $31.400. Issued 510 shares of preferred stock at $104 per share Declared a 10% stock dividend on the outstanding common stock when the stock is seting for $45 per share. Issued the stock dividende Declared the annuat 2020 59 per share dividend on preferred stock and the $2 per share dividend on common stock. These 3 4. 5. 6 7. dividends are payable in 2021 Debit Credit No. Account Titles and Explanation Dividends Payable. Comision 1. 40.00 Dividers Payable. Preferred 16200 56800 2 Treasury Stock 73800 73800 3 Land 31400 Treasury Stock 28700 Paid in Capital from Treasury Stock 2700 4 Cash 53040 Preferred Stock 51000 2040 Pais Caitlinesc of Pt. Preferred Stock Cash 53000 Preferred Stock 51000 Padiness Parferred Stock 2010 Retained 400 Common Stock Dividend Distributie 9600 Paid-Capital in Excess of Pwr Common Stock 7000 6 Common Stock Didend od Como Stod WO 7. Retained Earnings 603 Dividends Parable Common 42240 Didends Pared e Textbook and Media Assistance Used WATERWAY COMPANY Stockholders' Equity December 1, 2020 Capital Stor Stock Common Stock Total Capital
