Check my work Che nywele 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: points $ 8,500 5, 200 eBook cash Accounts Receivable Supplies Equipment Land Buildings $ 6,900 Accounts Payable Deferred Revenue 25,250 (deposits) 1,350 250 Notes Payable (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January c. Delivered five rebuilt planos to customers who paid $11.925 in cash. d. Delivered two rebuilt pianos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. i. Paid $10,300 in wages to employees in January for work done this month. 1. Received and paid cash for the supplies in (gl. General General Trial Income Statem... Balance Require... Journal Ledger Balance Statem... of Sheet General Journal tab - Prepare the journal entries to record the transactions (a) through (). Review the accounts as shown in the General Ledger and Trial Balance tabs. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Income Statement tab - Use the drop-down to select the accounts properly included on the income statement. Statement of Retained Earnings tab - Prepare the statement of retained earnings for the month ended January 31, 2019. Balance Sheet tab - Prepare a classified balance sheet at January 31, 2019. Requirement General Journal > Check my work Che nywele 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: points $ 8,500 5, 200 eBook cash Accounts Receivable Supplies Equipment Land Buildings $ 6,900 Accounts Payable 25.250 Deferred Revenue (deposits) 1,350 250 Notes Payable (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January c. Delivered five rebuilt planos to customers who paid $11.925 in cash. d. Delivered two rebuilt pianos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. i. Paid $10,300 in wages to employees in January for work done this month. 1. Received and paid cash for the supplies in (gl. Require... General General Trial Income Statem... Balance Journal Ledger Balance Statem... of Sheet Prepare the journal entries for transactions (a)-(e). (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list View journal entry worksheet No Date General Journal 1 Jan 31 Credit Debit 865 865 Check my work Che nywele 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: points $ 6,900 Accounts Payable 25,250 Deferred Revenue (deposits) 250 Notes Payable $ 8,500 5,200 Cash Accounts Receivable Supplies Equipment Land Buildings eBook 1,350 (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her plano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January C. Delivered five rebuilt pianos to customers who paid $11.925 in cash. d. Delivered two rebuilt pianos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. ( Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. 1. Paid $10,300 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (9) Require... in General General Trial Income Statem... Balance Journal Ledger Balance Statem... of Sheet Each journal entry is posted automatically to the general ledger. General Ledger Account Cash Debit No. Credit No. Date Jan 31 Balance 6,900 Accounts Receivable Date Debit Credit Jan 31 Balance 25,250 Supplies Debit Credit Land Debit No. No. Credit Date Jan 31 Balance 1,350 Date Jan 31 Balance 6,900 Buildings Equipment Debit Credit No. Debit Credit No. Date Jan 31 Balance 22,700 Date Jan 31 Balance 15,300 Deferred Revenue No. Accounts Payable Date Debit Credit Balance Jan 31 18,500 No. Debit Credit Date Jan 31 Balance 5,200 Notes Payable (long-term) Date Debit Credit Jan 31 Common Stock Debit Credit No. No. Balance 43,500 Date Jan 31 Balance 15,000 No. Retained Earnings Date Debit Credit Jan 31 Balance 6,200 General Journal Trial Balance > Check my work Che nywele 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: points $ 6,900 Accounts Payable 25,250 Deferred Revenue (deposits) 250 Notes Payable $ 8,500 5,200 Cash Accounts Receivable Supplies Equipment Land Buildings eBook 1,350 (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her plano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January C. Delivered five rebuilt pianos to customers who paid $11.925 in cash. d. Delivered two rebuilt pianos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. ( Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. 1. Paid $10,300 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (9) Require General General Journal Ledger Trial Income Statem... Balance Statem... of Balance Sheet The ending balance values from the General Ledger tab flows through to the Trial Balance below. RICKY'S PIANO REBUILDING COMPANY Trial Balance January 31, 2019 Account Title Credit $ Debit 6,900 25,250 1,350 6,900 22,700 15,300 Cash Accounts Receivable Supplies Land Buildings Equipment Accounts Payable Deferred Revenue Notes Payable (long-term) Common Stock Retained Earnings Total 8,500 5,200 43,500 15,000 6.200 78,400 $ 78,400 $ Check my work Che nywele 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: points $ 6,900 Accounts Payable Deferred Revenue 25,250 (deposits) $ 8,500 5, 200 Cash Accounts Receivable Supplies Equipment Land Buildings 1,350 Notes Payable eBook (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January c. Delivered five rebuilt planos to customers who paid $11.925 in cash. d. Delivered two rebuilt planos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. i. Paid $10,300 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (9) Require... General General Trial Income Statem... Balance | Journal Ledger Balance Statem... of Sheet Choose the appropriate accounts to be reported on the income statement. However, you will need to calculate and enter the amount of the net income or loss for the period. RICKY'S PIANO REBUILDING COMPANY Income Statement For the Month Ended January 31 $ 0 Check my work Che nywele 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: points $ 8,500 5, 200 eBook Cash Accounts Receivable Supplies Equipment Land Buildings $ 6,900 Accounts Payable 25.250 Deferred Revenue (deposits) 1,350 Notes Payable (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January c. Delivered five rebuilt planos to customers who paid $11.925 in cash. d. Delivered two rebuilt planos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. i. Paid $10,300 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (9) General General Trial Income Statem... Require... Balance Journal Ledger Balance Statem... 1 of Sheet Prepare the statement of retained earnings for the month ended January 31, 2019. You will need to determine and enter the accounts and balances to prepare the Statement of Retained Earnings. Show less RICKY'S PIANO REBUILDING COMPANY Statement of Retained Earnings For the Month Ended January 31 Retained Earnings, January Retained Earnings, January 31 Check my work Che nywele 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: points $ 6,900 Accounts Payable 25.250 Deferred Revenue (deposits) 250 Notes Payable $ 8,500 5,200 Cash Accounts Receivable Supplies Equipment Land Buildings eBook 1,350 (long-term) 15,300 Common Stock 6,900 Retained Earnings 22,700 43,500 15,000 6,200 Hint Following are the January transactions: Print Reference a. Received a $865 deposit from a customer who wanted her plano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $345 rent received for January c. Delivered five rebuilt planos to customers who paid $11.925 in cash. d. Delivered two rebuilt pianos to customers for $6,800 charged on account. e. Received $4,800 from customers as payment on their accounts. ( Received an electric and gas utility bill for $440 for January services to be paid in February g. Ordered $995 in supplies. h. Paid $1,600 on account in January. i. Paid $10,300 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (9) General General Trial Income Statem... Balance Require... Journal Ledger Balance Statem... of Sheet Use the dropdowns to select the accounts properly included on the balance sheet. You will need to determine and enter the balance in the common stock and retained earnings account. Show less RICKY'S PIANO REBUILDING COMPANY Balance Sheet At January 31