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! Required information [ The following information applies to the questions displayed below. ] Ricky's Piano Rebuilding Company has been operating for one year. On
Required information
The following information applies to the questions displayed below.
Ricky's Piano Rebuilding Company has been operating for one year. On January at the start of its second year, its income
statement accounts had zero balances and its balance sheet account balances were as follows:
Following are the January transactions:
a Received a $ deposit from a customer who wanted her piano rebuilt in February.
b Rented a part of the building to a bicycle repair shop; $ rent received for January.
c Delivered five rebuilt pianos to customers who paid $ in cash.
d Delivered two rebuilt pianos to customers for $ charged on account.
e Received $ from customers as payment on their accounts.
f Received an electric and gas utility bill for $ for January services to be paid in February.
g Ordered $ in supplies.
h Paid $ on account in January.
i Paid $ in wages to employees in January for work done this month.
j Received and paid cash for the supplies in g
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