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Required information E3-13 Recording and Posting Accrual Basis Journal Entries and Preparing an Unadjusted Trial Balance and Preliminary Financial Statements [LO 3-2, 3-3, LO 3-4]

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Required information E3-13 Recording and Posting Accrual Basis Journal Entries and Preparing an Unadjusted Trial Balance and Preliminary Financial Statements [LO 3-2, 3-3, LO 3-4] (The following information applies to the questions displayed below Ricky's Piano Rebuilding Company has been operating for one year. On January 1, at the start of income statement accounts had zero balances and its balance sheet account balances were as follows Cash s 6,75e Accounts Payable 23,25e Deferred Revenue Accounts Receivable Supplies Equipment Land Building s8,450 3,150 1,250 Notes Payable (long-term) 52,250 1e, 5e0 16,500 17,700 Common Stock 10,700 Retained Earnings 31,200 Following are the January transactions a. Received a $880 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $405 rent received for January C. Delivered five rebuilt pianos to customers who paid $16,500 in cash. d. Delivered two rebuilt pianos to customers for $8,400 charged on account e. Received $6.750 from customers as payment on their a f. Received an electric and gas utility bill for $455 for January services to be paid in February g. Ordered $1,270 in supplies h. Paid $1,550 on account in January i. Paid $11.300 in wages to employees in January for work done this month. 3-13 Part 5 E3-13 Part 5 5-0. Prepare an income statement for the month ended and at January 31 5-b. Prepare a statement of retained earnings for the month ended and at January 31. 5-c. Prepare a classified balance sheet for the month ended and at January 31 Complete this question by entering your answers in the tabs below Req SAReg SB Req 5C Prepare an income statement for the month ended and at January 31. RICKY'S PIANO REBUILDING COMPANY Income Statement For the Month Ended January 31 Per AE3-13 Part 5 4 of 4 5-a. Prepare an income statement for the month ended and at January 31 5-b. Prepare a statement of retained earnings for the month ended and at January 31 5-c. Prepare a classified balance sheet for the month ended and at January 31 oints eBook Complete this question by entering your answers in the tabs below. Hint Req 5A Req 58 Reg 5C Prepare a statement of retained earnings for the month ended and at January 31 References RICKY'S PIANO REBUILDING COMPANY Statement of Retained Earnings For the Month Ended January 31 Retained Earnings, January 1 Retained Earmings, January 31 Req 5A Req 5C Required information of 4 Complete this question by entering your answers in the tabs below. Req 5A Req 5B Req 5C Prepare a classified balance sheet for the month ended and at January 31 RICKY'S PIANO REBUILDING COMPANY Book For the Month E Rea 5C Hint ferences

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