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.

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered