Beethoven'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: Requirement 1: 15mks Prepare journal entries for the following January transactions, using the letter of each transaction as a reference: (If no entry is required for a transaction/event, write "No journal entry required".) a) Received a $680 deposit from a customer who wanted her piano rebuilt in February. b) Rented a part of the building to a bicycle repair shop; $390 rent received for January. c) Delivered five rebuilt pianos to customers who paid $18,100 in cash. d) Delivered two rebuilt pianos to customers for $8,800 charged on account. e) Received $7,800 from customers as payment on their accounts. f) Received a utility bill for $530 for January services to be paid in February. g) Ordered $1,160 in supplies. h) Paid $2,240 to suppliers on account in January. i) Paid $19,000 in wages to employees in January for work done this month. j) Received and paid cash for the supplies in (g). Requirement 2: 12.5mks Post the journal entries to the T-accounts and show the ending balances in the T-accounts. Requirement 3:12.5mks Use the balances in the completed T-accounts to prepare a trial balance at the end of January. Requirement 4: 10mks Prepare an income statement for the month ended January 31, 2023 Requirement 4: 20mks Prepare an income statement for the month ended January 31, 2023 Payton Place Industries, Inc., is a manufacturer of steel products for customers such as House Depot and Private Motors. In the year ended December 31, it reported the following activities: Required: 1. Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement. Please upload your file to the mid-term drop box folder CH 03-TB 129 Indicate whether a debit (dr) or credit (cr) would be used to increase each of the following accounts: 1) prepaid expenses, 2) rental revenue, 3) salaries and wages expense, 4) service revenue, 5) property and equipment, 6) wages expense, 7) retained earnings, 8) loss on sale of property, 9) supplies expense Based on the following data for Pet Sitters Company for the year ended December 31, 2020, prepare an Income Statement for the company. Show proper order of accounts, with totals for operating income, and net income. The following information pertains to the most recent quarter ended Dec 31,2022 , at Brilliant Production Limited. Requirement 1: 50mks 1. Prepare a schedule of cost of goods manufactured for the quarter ended Dec 31, 2022. Requirement 2: 30mks 2. Prepare an income statement for the quarter ended Dec 31, 2022. 3. Assume that the company produced the equivalent of 11,000 units of product during the quarter. What was the average cost per unit for direct labour? What was the average cost per unit for factory insurance? (Round your answers to 2 decimal places.) Requirement 4: 10mks 4. Assume that the company expects to produce 13,000 units of product during the coming quarter. What average cost per unit and what total cost would you expect the company to incur for direct materials at this level of activity? For factory insurance? (In preparing your answer, assume that direct materials is a variable cost and that factory insurance is a fixed cost.) (Round "Average cost per unit" answers to 2 decimal places.)