1 ! Required information Part 1 of 2 1.67 points eBook [The following information applies to the questions displayed below.] Milea Incorporated experienced the following events in Year 1, its first year of operations: 1. Received $14,500 cash from the issue of common stock. 2. Performed services on account for $45,000. 3. Paid the utility expense of $1,300. 4. Collected $33,720 of the accounts receivable. 5. Recorded $9,000 of accrued salaries at the end of the year. 6. Paid a $1,250 cash dividend to the stockholders. Print References Required a. Record the events in general ledger accounts under an accounting equation. In the last column of the table, provide appropriate account titles for the Retained Earnings amounts. The first transaction has been recorded as an example. (Not all cells require input. Enter any decreases to account balances with a minus sign.) MILIA, INCORPORATED General Ledger Accounts For the Year Ended December 31, Year 1 Assets Liabilities Event Cash Accounts Receivable Salaries Payable Stockholders' Equity Common Retained Stock Earnings Account Titles for Retained Earnings 1. 14,500 + 14,500 2. + 3. + 4. 5. 6. + Totals 14,500 0 = 0+ 14,500 0