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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

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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 54.116.000,00 48,600.00 211.000,00 1 Common Stock, no pac 512 stated value 2 Paid In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par Preferred Stock Paid In Capital in Excess of Stated Vale-Common Stock Preferred 2% Stock 5105 par 4 Retained Earrings 464,000.00 7,140,000.00 40,320,000.00 Prepare the Pald-in Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 9. There are 375,000 shares of common stock authorized and 85,000 shares of preferred stock authorized Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries Amount Descriptions Amount Descriptions Common stock dividends Common stock, no par, 512 stated value, 375,000 shares authorized, 343,000 shares issued Excess of issue price over par Excess of issue price over stated value From sale of treasury stock Increase in retained earnings Paid in capital, common stock Paid-in capital preferred stock Preferred stock dividends Preferred 2% stock $105 par 85,000 shares authorized, 68,000 shares issued Total contributed capital Total paid in capital Prepare the Paid In Capital portion of the Stockholders my section of the balance sheet wsing Method of Exhibit. There are 375,000 shares of common stock authonzed and 65,000 shares of preferred stock authorized. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries Point Loma Group Inc. Stockholders' Equity (Paid In Capital Section) October 31, 20XX 1 Paid-in capital: ho

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