Reporting Paid-In Capital The following accounts and their balances were selected from the adjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31 , the end of the curre fiscal year: Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8 . There are 130,000 shares of common stock authorized and 21,000 shares of preferred stock authorized