1. earned cash revenues of $28,600
2. paid cash expenses of $13,200
3. paid a $1,500 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.
Req A
Req B Income Statement
Req B Statement of Changes
Req B Balance Sheet
Prepare a balance sheet dated December 31, Year 1, for Mijka Company.
MIJKA COMPANY
Balance Sheet
