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Questions 6-8 (of 8) The following information applies to the questions displayed below Rick's Piano Rebuilding Company has been operating for one year. On January

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Questions 6-8 (of 8) The following information applies to the questions displayed below Rick'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 Cash Accounts Receivable Supplies Equipment s 8,000 25,000 Unearned Revenue (deposits) 3,200 40.000 8,000 9,000 $ 6,000 Accounts Payable 1.200 Notes Payable 8,000 Common Stock 6.000 Retained Earnings Building 22,000 Following are the January transactions a Received a $500 deposit from a customer who wanted her plano rebulit in February b. Rented a part of the bulding to a bicycle repair shop: $300 rent received for Januery c. Delivered five rebulit planos to customers who paid $14,500 in cash d. Delivered two rebullt planos to customers for $7.000 charged on account e. Recelved $6,000 from customers as payment on their accounts. t. Received an electric and gas utility bill for $350 for January services to be paid in February g. Ordered $800 in supplies h. Paid $1,700 on account in January L. Paid $10.000 in wages to employees in January for work done this month J Received and paid cash for the supplies in (g 1 2.00 points Required acer

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