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Desert Corporation Has the Following Capital Stock Outstanding at December

Question 54

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Desert Corporation has the following capital stock outstanding at December 31, 2018: 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. 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.

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