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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 delivered five planos in January to customers who paid $19,400 in cash. b. Recelved a $570 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the bulding to a bicycle repair shop; recelved $900 for rent in January. d. Recelved $7,800 from customers as payment on their accounts. e. Received an electric and gas utility bill for $470 to be paid in February. f. Ordered $860 in supplies. g. Paid $1,840 on account in January. h. Recelved from the home of Stacey Eddy, the major shareholder, a $990 tool (equipment) to use in the business in exchange for 140 shares of $1 par value stock. 1. Paid $14,700 in wages to employees who worked in January. j. Declared and paid a $1,900 dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in (i). 1. Paid $340 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, 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: Required: 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: 8 Answer is not complete. Complete this question by entering your answers in the tabs below. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Long-term Note Payable } \\ \hline \multicolumn{2}{|c|}{ Debit } & \multicolumn{2}{|c|}{ Credit } \\ \hline Beginning Balance & & 47,900 Q & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balanco & & 47,900 & \\ \hline & \\ \hline \end{tabular} j. Declared and paid a $1,900 dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in ( f ). 1. Paid $340 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, using the letter of each tr reference: 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Answer is not complete. 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