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4 Part 2 of Required Information [The following information applies to the questions displayed below] Ricky's Plano Rebuilding Company has been operating for one
4 Part 2 of Required Information [The following information applies to the questions displayed below] Ricky's Plano 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 0.35 points Cash $ 7,200 Accounts Payable Accounts Receivable 43,750 Deferred Revenue (deposits) Supplies 1,800 Notes Payable (long-ters) 63,000 Equipment 9,000 Conson Steck 36,000 Land 6,600 Retained Earnings 7,700 Building Following are the January transactions a. Received a $660 deposit from a customer who wanted her piano rebuilt in February Rented a part of the building to a bicycle repair shop, $480 rent received for January b. c. Delivered five rebuilt planos to customers who paid $13,850 in cash d. Delivered two rebuilt pianos to customers for $7,200 charged on account e. Received $5,800 from customers as payment on their accounts Received an electric and gas utility bill for $390 for January services to be paid in February g Ordered $1.285 in supplies h Paid $2.400 on account in January Paid $13,100 in wages to employees in January for work done this month Received and paid cash for the supplies in (g)
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