Mijka Company was started on January 1, 2018. During 2018, the company experienced the following three accounting events: (1) earned cash revenues of $31,600, (2) paid cash expenses of $14,200, and (3) paid a $2,500 cash dividend to its stockholders. These were the only events that affected the company during 2018.

Required

Record the effects of each accounting event under the appropriate general ledger account headings.

Prepare an income statement, statement of changes in stockholders equity, and a balance sheet dated December 31, 2018, for Mijka Company.

Complete this question by entering your answers in the tabs below.

Req A

MIJKA COMPANY
Accounting Equation for 2018
Event	Assets	=	Liabilities	+	Stockholders Equity
	Cash	=		+	Common Stock	+	Retained Earnings
1.		=		+		+
2.		=		+		+
3.		=		+		+
Ending balance

Prepare an income statement dated December 31, 2018, for Mijka Company.

MIJKA COMPANY
Income Statement
For the Year Ended December 31, 2018

Prepare a statement of changes in stockholders equity dated December 31, 2018, for Mijka Company.

MIJKA COMPANY
Statement of Changes in Stockholders Equity
For the Year Ended December 31, 2018
Beginning common stock
Plus: Common stock issued
Ending common stock
Beginning retained earnings
Ending retained earnings
Total stockholders equity

Prepare a balance sheet dated December 31, 2018, for Mijka Company.

MIJKA COMPANY
Balance Sheet
As of December 31, 2018
Assets
Total assets
Liabilities
Stockholders equity
Common stock
Total stockholders equity
Total liabilities and stockholders equity

Typewritten answers, please, no handwritten answers. Thank you.