Required information [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 its second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Building $ 6,750 Accounts Payable 23,250 Deferred Revenue (deposits) 1,250 Notes Payable (long-term) 17,700 Common Stock 10,700 Retained Earnings 31,200 $ 8,450 3,150 52, 250 10,500 16,500 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 accounts. f. Received an electric and gas utility bill for $455 for January services to be paid in February. g. Ordered $1,270 supplie h. Paid $1,550 on account in January. i. Paid $11,300 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (g). Answer is not complete. Beg. Bal. Beg. Bal. (a) (b) Account Receivable 23,250 8,400 6,750 (e) Cash 6,750 880 405 16,500 6,750 1,550 11,300 1,270 (h) (0) 0 DI (e) End. Bal. 17,165 End. Bal. 24,900 Supplies 1,250 1,270 Equipment 17,700 Beg. Bal 00) Beg. Bal. End. Bal. 2,520 End. Bal. 17,700 Land 10,700 Building 31,200 Beg. Bal. Beg. Bal. End. Bal. 10,700 End. Bal. 31,200 Accounts Payable Beg. Bal. Beg. Bal. (a) Deferred Revenue 3,150 880 (h) 1,550 455 (1) End. Bal. 1,095 End. Bal. 4,030 Notes Payable 52,250 Common Stock 10,500 Beg. Bal. Beg. Bal. End. Bal. 52,250 End. Bal. 10,500 Retained Earnings 16,500 Beg. Bal. Beg. Bal. (c) (d) Service Revenue 0 16,500 8,400 End. Bal. 16,500 End. Bal. 24,900 Salaries and Wages Expense Rent Revenue 0 Beg. Bal. (b) Beg. Bal. 0 405 11,300 End. Bal. 405 End. Bal. 11,300 Utilites Expense 0 Beg. Bal. (6) 455 End. Bal. 455