Milea Inc. experienced the following events in Year 1, its first year of operations: 1. Received $15,000 cash from the issue of common stock.
2. Performed services on account for $45,000.
3. Paid the utility expense of $1,250.
4. Collected $38,090 of the accounts receivable.
5. Recorded $8,050 of accrued salaries at the end of the year.
6. Paid a $1,100 cash dividend to the stockholders.

Required:
Prepare the income statement, statement of changes in stockholders' equity, balance sheet and statement cash lows for the 2018 accounting period.

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.