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help needed asap! Please and thank you!! Staceys Pano Rebuilding Company has been operating for one year. At the start of the second yest, its
help needed asap!
Please and thank you!!
Staceys Pano Rebuilding Company has been operating for one year. At the start of the second yest, its income statemi accounts had zero bolances and its balance sheet account balances were as follows. a. Rebult and delivered five planos in January to customers who paid $19,000 in cash. b. Recelved a $600 deposit from a customat who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop; received $850 for rent in January. 4. Received $7,200 from customers as payment on their accounts. e. Received an electric and gas utility bill for $400 to be paid in Fobruary. t. Ordered $960 in supplies. g. Pald 52,300 on account in January h. Received from the hame of Stacey Eddy, the major shareholder, a $920 tool (equipment) to use in the business in exchange for 100 shares of $1 par value stock. i. Paid $6,500 in wages to employees whio woeked in Jonuary: 1. Declarod and paid a \$2,200 divibend (reduce Retained Earnings and Cash)? k. Peceived and paid cash for the supplies in 0 . 3. Using the data from the T-accounts; a arounts for the following at the end of January of the second year, wore a. Rebuit and delivered five pianos in January to customers who paid $19.000 in cash. b. Received a $600 deposit from a customer who wanted her piano rebuitt. c. Rented a part of the building to a bicycle repair shop; recelved $850 for rent in January. d. Received $7,200 from customers as payment on their occounts. e. Received an electric and gas utility bin for $400 to be paid in February. 1. Ordered $960 in supplies. 9. Paid $2,300 on account in January. hi. Recelved from the home of Stacey Eddy, the major shareholdec a $920 tool fequipment) to use in the business in exchange for 100 shares of $1 par value stock. L. Paid $16,500 in wages to employees who worked in January. 1. Declared and paid a \$2,200 dividend (reduce Retained Earnings and Cash). k. Received and poid cash for the supplies in 0 ? 3. Using the dati from the T-accounts, amounts for the following at the end of Jaruary of the second year, were Step by Step Solution
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