Bb Homework Assignment Chapte x Question 3 - Homework Assign *Dashboard C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconne... # OM Update : Homework Assignment Chapter 2 Saved Help Save & Exit Submit Check my work 3 Milea Incorporated experienced the following events in Year 1, its first year of operations: 1. Received $13,500 cash from the issue of common stock. 2. Performed services on account for $45,000. Part 1 of 2 3. Paid the utility expense of $1,050. 4. Collected $36,560 of the accounts receivable. 5. Recorded $5,900 of accrued salaries at the end of the year. 11.11 6. Paid a $1,250 cash dividend to the stockholders. points Required eBook a. Record the events in general ledger accounts under an accounting equation. In the last column of the table, provide appropriate account titles for the Retained Earnings amounts. The first transaction has been recorded as an example. (Not all cells require input. Enter any decreases to account balances with a minus sign.) Hint MILIA, INCORPORATED Print General Ledger Accounts In For the Year Ended December 31, Year 1 References Assets = Liabilities + Stockholders' Equity Account Titles for Event Cash Accounts Salaries Common Retained Retained Earnings Receivable Payable Stock Earnings 1. 13,500 1I 13,500 2. 3. 4. 5. 6. Totals Mc Graw