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Miljka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of
Miljka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $30,100, (2) paid cash expenses of $13,700, and (3) paid a $2,000 cash dividend to its stockholders. These were the only events that affected the company during Year 1 Required a. Record the effects of each accounting event under the appropriate general ledger account headings. b. Prepare an income statement, statement of changes in stockholders' equity, and a balance sheet dated December 31, Year 1. for Mika Company , 2:20 Complete this question by entering your answers in the tabs below. Reg A Reg Inc Reg B Strt of Stmt Changes Reg B Bal Sheet Record the effects of each accounting event under the appropriate general ledger account headings. (Enter any decreases to account balances with a minus sign. Not all cells require input.) MIJKA COMPANY Accounting Equation for Yeart Assets Liabilities + Event Stockholders' Equity Common Retained Stock Earings + Cash 1 2 + . 3 Ending balance BE Raq B Inc Stml> Print Req A Req B Inc Stmt Req B Stmt of Changes Reg B Bal Sheet References Prepare an income statement dated December 31, Year 1, for Mijka Company MIJKA COMPANY Income Statement For the Year Ended December 31, Year 1 Ok t Req A Req B Inc Stmt Reg B Stmt of Req B Bal Changes Sheet nces Prepare a statement of changes in stockholders' equity dated December 31, Year 1, for Mijka Company. MIJKA COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock Plus: Common stock issued Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity Rec Bloc Stm RAB BalShoot > B a. Record the effects of each accounting event under the appropriate general ledger account heading b. Prepare an income statement, statement of changes in stockholders' equity, and a balance sheet de Mijka Company Complete this question by entering your answers in the tabs below. 1:51:41 Req A Req B Inc Stmt Reg B Stmt of Changes Req B Bal Sheet took rint Prepare a balance sheet dated December 31, Year 1, for Mljka Company. -rences MIJKA COMPANY Balance Sheet As of December 31, Year 1 Assets Total assets Liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity aw II 30.134 C S
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