2 The following transactions are July activities of Bills Extreme Bowling, Inc , which operates several bowling centers Bill's paid $3,250 to plumbers for repairing a broken pipe in the restrooms Bill's paid $3,150 for the June electricity bill and received the July bill for $3,450, which will be paid in August Bill's paid $5,915 to employees for work in July Prepare journal entries to record the above transactions (If no entry is required for a transaction event, select No Journal Entry Required in the first account field ) 4 Required information The following information applies to the questions displayed below Rickys 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 $ 7,250 Accounts Payable $ 12,350 Accounts Receivable 33,000 Deferred Revenue (deposits) 4,200 Supplies 1,750 Notes Payable (long term) 40,750 Equipment 10,500 Common Stock 11,000 Land 6,650 Retained Earnings 18,350 Building 27,500 Following are the January transactions Received a $900 deposit from a customer who wanted her piano rebuilt in February Rented a part of the building to a bicycle repair shop $600 rent received for January Delivered five rebuilt pianos to customers who paid $12,300 in cash Delivered two rebuilt pianos to customers for $6,900 charged on account Received $4,900 from customers as payment on their accounts Received an electric and gas utility bill for $410 for January services to be paid in February Ordered $825 in supplies Paid $1,400 on account in January Paid $17,700 in wages to employees in January for work done this month Received and paid cash for the supplies in (g) Required Prepare journal entries for the above January transactions (If no entry is required for a transaction event, select No Journal Entry Required in the first account field )

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2. The following transactions are July activities of Bills Extreme Bowling, Inc., which operates several bowling centers. Bill's paid $3,250 to plumbers for repairing a

The following transactions are July activities of Bills Extreme Bowling, Inc., which operates several bowling centers.

Bill's paid $3,250 to plumbers for repairing a broken pipe in the restrooms.
Bill's paid $3,150 for the June electricity bill and received the July bill for $3,450, which will be paid in August.
Bill's paid $5,915 to employees for work in July.

Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

_________________________________________________________________________________

Required information

[The following information applies to the questions displayed below.]

Rickys 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	$	7,250	Accounts Payable	$	12,350
Accounts Receivable		33,000	Deferred Revenue (deposits)		4,200
Supplies		1,750	Notes Payable (long-term)		40,750
Equipment		10,500	Common Stock		11,000
Land		6,650	Retained Earnings		18,350
Building		27,500

Following are the January transactions:

Received a $900 deposit from a customer who wanted her piano rebuilt in February.
Rented a part of the building to a bicycle repair shop; $600 rent received for January.
Delivered five rebuilt pianos to customers who paid $12,300 in cash.
Delivered two rebuilt pianos to customers for $6,900 charged on account.
Received $4,900 from customers as payment on their accounts.
Received an electric and gas utility bill for $410 for January services to be paid in February.
Ordered $825 in supplies.
Paid $1,400 on account in January.
Paid $17,700 in wages to employees in January for work done this month.
Received and paid cash for the supplies in (g).

Required:

Prepare journal entries for the above January transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)