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Waterway Corporation issued 460 shares of $100 par value preferred stock for $66,600. Prepare Waterway's journal entry. List all debit entries before credit entries.

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Waterway Corporation issued 460 shares of $100 par value preferred stock for $66,600. Prepare Waterway's journal entry. List all debit entries before credit entries. Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) Account Titles and Explanation Cash Preferred Stock ad eTextbook and Media List of Accounts ype here to sear Debit Credit

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