Unit 3 LAB ASSIGNMENT
20 QUESTIONS
Cu
ent Attempt in Progress
Waterway Corporation has the following capital stock outstanding at December 31, 2020:
7% Prefe
ed stock, $100 par value, 14,600 shares issued and outstanding
$1,460,000
Common stock, no par, $10 stated value, 500,000 shares authorized,
310,000 shares issued and outstanding
3,100,000
The prefe
ed stock was issued at $130 per share. The common stock was issued at an average per share price of $14.
Prepare the paid-in capital section of the balance sheet at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.)
WATERWAY CORPORATION
Partial Balance Sheet
choose the accounting period
select an opening section name
select an opening subsection name
select an opening name of subordinate part one of this subsection
enter a balance sheet item
$enter a dollar amount
enter a balance sheet item
enter a dollar amount
select a closing name of subordinate part one of this subsection
enter a subtotal of the two previous amounts
select an opening name of subordinate part two of this subsection
enter a balance sheet item
$enter a dollar amount
enter a balance sheet item
enter a dollar amount
select a closing name of subordinate part two of this subsection