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Required information E3-10 (Algo) Analyzing the Effects of Transactions in T-Accounts and Computing Cash Basis versus Accrual Basis Net Income LO3-3, 3-4 [The following information applies to the questions displayed below.] 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. Rebulit and delivered five planos in January to customers who paid $19,000 in cash. b. Recelved a $540 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop; recelved $880 for rent in January. d. Received $8,100 from customers as payment on their accounts. e. Received an electric and gas utility bill for $500 to be paid in February. f. Ordered $870 in supplies. 9. Paid $1,640 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $910 tool (equipment) to use in the business in exchange for 140 shares of $1 par value stock. 1. Paid $14,200 in wages to employees who worked in January. j. Declared and paid a $1,700 dividend (reduce Retained Earnings and Cash). k. Recelved and paid cash for the supplies in ()). Required: 162. Enter the follawing transactions for Janwary of the second year into the Taccounts, using the lefter of each transaction as the teference. 1 Required information Part t of 3 10 points Required information E3-10 (Algo) Analyzing the Effects of Transactions in T-Accounts and Computing Cash Basis versus Accrual Basis Net Income LO3-3, 3-4 [The following information applies to the questions displayed below.] 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. Rebulit and delivered five planos in January to customers who paid $19,000 in cash. b. Recelved a $540 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop; recelved $880 for rent in January. d. Received $8,100 from customers as payment on their accounts. e. Received an electric and gas utility bill for $500 to be paid in February. f. Ordered $870 in supplies. 9. Paid $1,640 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $910 tool (equipment) to use in the business in exchange for 140 shares of $1 par value stock. 1. Paid $14,200 in wages to employees who worked in January. j. Declared and paid a $1,700 dividend (reduce Retained Earnings and Cash). k. Recelved and paid cash for the supplies in ()). Required: 162. Enter the follawing transactions for Janwary of the second year into the Taccounts, using the lefter of each transaction as the teference. 1 Required information Part t of 3 10 points