Unit 3 - Chapter 3 Homework Assignment 9 Cash Part 4 of 4 Accounts Receivable Supplies Equipment Land Building $ 7,000 Accounts Payable $ 9,550 Deferred Revenue 38,250 3,480 (deposits) 1,600 Notes Payable (long-term) 64,000 15,809 Common Stock 14,500 9,250 Retained Earnings 8,150 27,790 10 points Following are the January transactions: Print a. Received a $670 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $740 rent received for January c. Delivered five rebuilt pianos to customers who paid $21.575 in cash. d. Delivered two rebuilt pianos to customers for $10,000 charged on account. e. Received $7.600 from customers as payment on their accounts. f. Received an electric and gas utility bill for $380 for January services to be paid in February g. Ordered $980 in supplies. h. Paid $2.800 on account in January i. Paid $18.400 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (g 5-a. Prepare an income statement for the month ended and at January 31 3-b. Prepare a statement of retained earnings for the month ended and at January 31 5-c. Prepare a classified balance sheet for the month ended and at January 31. Complete this question by entering your answers in the tabs below. Rea SA Reg se Red 5C Prepare an income statement for the month ended and at January 31. RICKY'S PIANO REBUILDING COMPANY Income Statement Reg 0 > 9 Ricky's Piano Rebuilding Company has been operating for one year on January at the start of its second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Part 4 of 4 10 points Cash Accounts Receivable Supplies Equipment Land Building $ 7,000 Accounts Payable $ 9,550 Deferred Revenue 38,250 (deposits) 3,400 1,600 Notes Payable (long-term) 64,000 15,800 Common Stock 14,500 9,258 Retained Earnings 8,150 27,700 Print Following are the January transactions: a. Received a $670 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $740 rent received for January c Delivered five rebuilt pianos to customers who paid $21.575 in cash d. Delivered two rebuilt pianos to customers for $10.000 charged on account. c. Received $7.600 from customers as payment on their accounts f Received an electric and gas utility bill for $380 for January services to be paid in February Q. Ordered $980 in supplies h. Paid $2.800 on account in January Paid $18.400 in wages to employees in January for work done this month 1. Received and paid cash for the supplies info! S-a. Prepare an income statement for the month ended and at January 31 3-b. Prepare a statement of retained earnings for the month ended and at January 31 5-c. Prepare a classified balance sheet for the month ended and at January 31. Complete this question by entering your answers in the tabs below. Rea SA Reg 58 Reg SC Prepare a statement of retained eamings for the month ended and at January 31. ROCKY'S PIANO REBUILDING COMPANY Statement of Retained Earnings Retained Earrings January 1 Retired Earnings January 31 9 The following information applies to the questions displayed below Ricky's Plano Rebuliding Company has been operating for one year. On January at the start of its second year, its Income statement accounts had zero balances and its balance sheet account balances were as follows: Part 4 of 4 Cash Accounts Receivable Supplies Equipment Land Building $ 7,600 Accounts Payable $ 9,55e 38,250 Deferred Revenue (deposits) 3,480 1,600 Notes Payable (long-ter) 64,00 15,80 Common Stock 14,500 9,250 Retained Earnings 27,700 8,150 Print Following are the January transactions: a. Received a $670 deposit from a customer who wanted her plano rebuilt in February 5. Rented a part of the buliding to a bicycle repair shop: $740 rert received for January c. Delivered five rebuilt planos to customers who paid $21,575 In cash. d. Delivered two rebullt planos to customers for $10,000 charged on account e. Received $7,600 from customers as payment on their accounts. 1. Received an electric and gas utility bill for $380 for January services to be paid in February 9. Ordered $900 in supplies. n. Pald $2,800 on account in January Pald $18,400 In wages to employees in January for work done this month 1. Received and paid cash for the supplies in 5-a. Prepare an income statement for the month ended and at January 31. S-b. Prepare a statement of retained earnings for the month ended and at January 31 5.c. Prepare a classified balance sheet for the month ended and at January 31. Complete this question by entering your answers in the tabs below. RA SA Reqs Reg SC Prepare a classifed balance sheet for the marthanded and at laruary 31. RICKY PANO REBUILDING COMPANY Balance sheet Regs