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1 File Edit View History Bookmarks Window Help about blank Help Seved Save & E Packet 7 & 8 Homework 1 Required information [The following information applies to the questions displayed below) Milea Inc. experienced the following events in Yeart, its first year of operations Part 1 of 2 1. Received $13,000 cash from the issue of common stock, 2. Performed services on account for $45,000 3. Paid the utility expense of $1,050. 4. Collected $35,410 of the accounts receivable. 5. Recorded 57,300 of accrued salaries at the end of the year 6. Paid a $800 cash dividend to the stockholders. Print Heferences 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, if there is no effect on the Account Titles for Retained Earnings, leave the cell blank. Not all cells will require input. Enter any decreases to account balances with a minus sign) MILEA INC General Ledger Account For the Year Ended December 31, Year 1 A Prev 1 2 ME G sve ostale of 4 Next > 1035 tv WA W View More Data mouth Homework Required Record the events in general ledger accounts under an accounting powtion, the last column of the table Cours for the Red Earnings amounts. The first action has been recorded as an example, e Account Titles for Retained Earnings, leave the cell bank. Not all cells will require input. Enter any d balances with a mission METANO Genre headed December Stadsary AT Can Accounts Bere Reading 30 13. 1. 1 3 6 Tha 4 El Nest> w