Question: apter 3 Homework Assignment Saved Required information The following information apples to the questions displayed below Ricky's Piano Rebuilding Company has been operating for one
apter 3 Homework Assignment Saved Required information The following information apples to the questions displayed below Ricky's Piano Rebuilding Company has been operating for one year On January 1, at the start of its second yea its income statement accounts had zero balances and its balance sheet account balances were as follows: $8,200 Accounts Payable 35,75e Deferned Revenat (deposits) 2,650 Notes Payable (long-tere) 8,40 Common Stock 6,25e Retalned tennings 25,e $9.300 4,250 46,000 3.5e0 Cash Accounts Receivable i Supplies Equipeent Land Building 19.6e0 Following are the January transactions a. Received a $975 deposit from a austomer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $475 rent receved for January c Delivered five rebuilt pianos to customers who paid $20,300 in cash d. Delivered two rebuilt pianos to customers for $10.200 charged on account e. Received $7350 from customers as payment on ther accounts f Received an electric and gas utity bill for $580 for January services to be paid in February g Ordered $1,225 in supplies h Paid $1,850 on account in January, L Paid $12.100 in wages to employees in January for work done this month , Received and paid cash for the supplies in g) 3. Post the journal entries to the Taccounits Show the unadjusted beginning and ending balances in the Taccounts Aceouit Reelvable Cash Beg Bal Beg Bal Next > of 9 l 7 9
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