Current Attempt in Progress Swifty Corporation has the following capital stock outstanding at December 31, 2020:...

Transcribed Image Text:

Current Attempt in Progress Swifty Corporation has the following capital stock outstanding at December 31, 2020: 7% Preferred stock, $100 par value, 14,900 shares issued and outstanding Common stock, no par, $10 stated value, 500,000 shares authorized. 340,000 shares issued and outstanding $1,490,000 3,400,000 The preferred stock was issued at $120 per share. The common stock was issued at an average per share price of $13. 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.) SWIFTY CORPORATION Partial Balance Sheet December 31, 2020 +A Current Attempt in Progress Swifty Corporation has the following capital stock outstanding at December 31, 2020: 7% Preferred stock, $100 par value, 14,900 shares issued and outstanding Common stock, no par, $10 stated value, 500,000 shares authorized. 340,000 shares issued and outstanding $1,490,000 3,400,000 The preferred stock was issued at $120 per share. The common stock was issued at an average per share price of $13. 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.) SWIFTY CORPORATION Partial Balance Sheet December 31, 2020 +A