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connect. ACCOUNTING F17 ek 4 - IS Questions 4-6 (of 8) E3-12 and E3-13 Recording and Posting Accrual Basis Journal Entries and The following information applies 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 year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Recelvable Supplies Equipment Land Building $ 10,300 4,400 41,500 10,000 5,050 $ 7,850 Accounts Payable 15,000 Unearned Revenue (deposits) 2,100 Notes Payable 9,500 Common Stock 8,400 Retained Earnings 28,400 Following are the January 2013 transoctions: a. Received a $690 deposit from a customer who wanted her piano rebuilt in February. b. Rented a part of the building to a bicycle repair shop; $350 rent received for January. c. Delivered five rebuilt pianos to customers who paid $15,050 in cash. d. Delivered two rebuilt planos to customers for $7,700 charged on account e. Received $6,350 from customers as payment on their accounts. t. Recelved an electric and gas utility bill for $765 for January services to be paid in February. g. Ordered $900 in supplies. h. Paid $2,450 on account in January. I. Paid $10,900 in wages to employees in January for work done this month j. Received and paid cash for the supplies in (g References E3-12 and E3-13 Recording and Posting Accrual Basis Journal Entries and Preparing an Unad usted Trial Balance [LO 3-2, LO 3-3 and LO 3-4 Section Break