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Milea Inc. experienced the following events in Year 1, its firstyear of operations:Received $16,000 cash from the issue of commonstock.Performed services on account for$45,000.Paid the

Milea Inc. experienced the following events in Year 1, its firstyear of operations:Received $16,000 cash from the issue of commonstock.Performed services on account for$45,000.Paid the utility 2 answers

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