Desert Corporation has the following capital stock outstanding at December 31, 2018:
The preferred stock was issued at $130 per share. The common stock was issued at an average per share price of $14.
Instructions
Prepare the paid-in capital section of the balance sheet at December 31, 2018.

Question

Desert Corporation has the following capital stock outstanding at December 31, 2018:  
The preferred stock was issued at $130 per share. The common stock was issued at an average per share price of $14.
Instructions
Prepare the paid-in capital section of the balance sheet at December 31, 2018.

Quizplus · Accepted Answer

The Answer of Desert Corporation has the following capital stock outstanding at December 31, 2018:  
The preferred stock was issued at $130 per share. The common stock was issued at an average per share price of $14.
Instructions
Prepare the paid-in capital section of the balance sheet at December 31, 2018.

Desert Corporation Has the Following Capital Stock Outstanding at December