Investments shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. Outstanding shares are shares of stock that have been issued.Upon issuance, common stock is generally recorded at its fair value, which is typically the amount of proceeds received. Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. Solved: Working on an scorp balance sheet and I'm not sure if I'm entering Capital Stock and Additional PaidIn Capital correctly. Our authorized capital stock consists of: •. To consider a resolution urging Contra Costa County to phase out oil and gas operations. Capital stock authorized is the number of shares of stock that a corporation is entitled to issue as designated in its charter. MunicodeNEXT, the industry's leading search application with over 3300 codes and growing! Form 1120-IC-DISC must sign the return and fill in the other blanks in the Paid.