URGENT INCOME STATEMENT AND BALANCE SHEET

Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $34,000, (2) paid cash expenses of $15,000, and (3) paid a $3,300 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 Mijka Company. Complete this question by entering your answers in the tabs below. 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.) Exercise 1-15A (Algo) Preparing an income statement and a balance sheet LO 1-7 Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $34,000, (2) paid cash expenses of $15,000, and (3) paid a $3,300 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 Mijka Company. Complete this question by entering your answers in the tabs below. Prepare an income statement dated December 31 , Year 1 , for Mijka Company. Exercise 1-15A (Algo) Preparing an income statement and a balance sheet LO 1-7 Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $34,000, (2) paid cash expenses of $15,000, and (3) paid a $3,300 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 Mijka Company. Complete this question by entering your answers in the tabs below. Prepare a statement of changes in stockholders' equity dated December 31 , Year 1 , for Mijka Company. Exercise 1-15A (Algo) Preparing an income statement and a balance sheet LO 1-7 Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $34,000,(2) paid cash expenses of $15,000, and (3) paid a $3,300 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 Mijka Company. Complete this question by entering your answers in the tabs below. Prepare a balance sheet dated December 31, Year 1, for Mijka Company