Reporting Paid-in Capital The following accounts and their balances were selected from the adjusted trial balance of Point Loma Group Inci, a freight forwarder, at October 31 , the end of the current fiscal year Prepare the Paid-In Copital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exh bit 8 . There. are 220,000 shares of common stock authorized and 14,000 shares of preferred stock authorized