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enter the following transactions for january of the second year into the t-account using the letter of each as the transaction as reference . Stacey's

enter the following transactions for january of the second year into the t-account using the letter of each as the transaction as reference . image text in transcribed
Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: $ $ Cash Accounts receivable Supplies Equipment 7,000 30,600 1,530 10,300 7,400 26,600 Accounts payable Unearned revenue Long-term note payable Common stock Additional paid-in capital Retained earnings 9,600 3,340 47,600 1,600 6,400 14,890 Land Building a. Rebuilt and delivered five pianos in January to customers who paid $18.900 in cash b. Received a $570 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop, received $820 for rent in January d. Received $8,100 from customers as payment on their accounts. e. Received an electric and gas utility bill for $480 to be paid in February f. Ordered $960 in supplies. g. Paid $2,040 on account in January h. Received from the home of Stacey Eddy, the major shareholder, a $940 tool (equipment) to use in the business in exchange for 110 shares of $1 par value stock. Paid $14,600 in wages to employees who worked in January 3. Declared and paid a $2.200 dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in

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