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E3-9 (Algo) Analyzing the Effects of Transactions in T-Accounts LO3-3, 3-4 Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: a. Rebuilt and dellvered five pianos in January to customers who paid $18,500 in cash. b. Recelved a $530 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop; received $910 for rent in January. d. Received $7.700 from customers as payment on their accounts. e. Recelved an electric and gas utility bill for $520 to be paid in February. f. Ordered $880 in supplies. 9. Paid $1,240 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $990 tool (equipment) to use in the business in exchange for 120 shares of $1 par value stock. 1. Paid $14,800 in wages to employees who worked in January. j. Declared and paid a \$2,200 dividend (reduce Retained Earnings and Cash). k. Recelved and paid cash for the supplies in (n). 1. Paid $350 in interest expense on the long-term note payable. Required: 1 and 2. Enter the following transactions for January of the second year into the T-accounts, tising the letter of each transaction as the reference: 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Complete this question by entering your answers in the tabs below. Enter the following transactions for January of the second year into the T-accounts, using the letter of each transaction as the \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Longterm Note Payable } \\ \hline Deblt & & & \\ \hline & & & \\ \hline & & & \\ \hline Eeginning Balance & & & \\ \hline \end{tabular} 1 and 2. Enter the following transactions for January of the second year into the T-accounts, using the letter of each transaction as the reference: 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Complete this question by entering your answers in the tabs below. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were