Majka Company was started on January 1, 2016. During 2016, the company experienced the following...
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Accounting
Majka Company was started on January 1, 2016. During 2016, the company experienced the following three accounting events: (1) earned cash revenues of $31,300, (2) paid cash expenses of $14,100, and (3) paid a $2,400 cash dividend to its stockholders. These were the only events that affected the company during 2016.
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