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The following accounts and their balances were selected from the adjusted trial balance of Point Loma Group Inc, a freight forwarder, at October 31 ,

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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 current 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 190,000 shares of common stock authorized and 13,000 shares of preferred stock authorized. Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. There are 190,000 shares of common stock authorized and 13,000 shares of preferred stock authorized. Fepelback F check My Work Recall that the paid-in capital section of the balance sheet includes separate reporting of each class of stocki

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