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 $ 7,000 Accounts Payable 38,250 Deferred Revenue (deposits) 1,600 Notes Payable (long-term) 15,800 Common Stock 9,250 Retained Earnings 27,700 $ 9,550 3,400 64,000 14,500 8,150 Following are the January transactions: a. Received a $670 deposit from a customer who wanted her piano rebuilt in February. b. Rented a part of the building to a bicycle repair shop: $740 rent received for January. c. Delivered five rebuilt pianos to customers who paid $21,575 in cash. d. Delivered two rebuilt pianos to customers for $10,000 charged on account. e. Received $7,600 from customers as payment on their accounts. f. Received an electric and gas utility bill for $380 for January services to be paid in February. g. Ordered $980 in supplies. h. Paid $2,800 on account in January. i. Paid $18,400 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (9). 3. Post the journal entries to the T-accounts. Show the unadjusted beginning and ending balances in the T-accounts. Cash Account Receivable Beg. Bal. Beg. Bal. End. Bal. End. Bal. Supplies Equipment Beg. Bal Beg. Bal. End. Bal. 0 End. Bal. 0 Land Building Beg. Bal. Beg. Bal. End. Bal. End. Bal. Accounts Payable Deferred Revenue Beg. Bal. Beg. Bal. End. Bal. End. Bal. 0 Notes Payable Common Stock Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0 Retained Earnings Service Revenue Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0 Rent Revenue Salaries and Wages Expense Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0 Utilites Expense Beg. Bal. End. Bal. 0 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 $ 7,000 Accounts Payable 38,250 Deferred Revenue (deposits) 1,600 Notes Payable (long-term) 15,800 Common Stock 9,250 Retained Earnings 27,700 $ 9,550 3,400 64,000 14,500 8,150 Following are the January transactions: a. Received a $670 deposit from a customer who wanted her piano rebuilt in February. b. Rented a part of the building to a bicycle repair shop: $740 rent received for January. c. Delivered five rebuilt pianos to customers who paid $21,575 in cash. d. Delivered two rebuilt pianos to customers for $10,000 charged on account. e. Received $7,600 from customers as payment on their accounts. f. Received an electric and gas utility bill for $380 for January services to be paid in February. g. Ordered $980 in supplies. h. Paid $2,800 on account in January. i. Paid $18,400 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (g). 4. Prepare an unadjusted trial balance at January 31. RICKY'S PIANO REBUILDING COMPANY Unadjusted Trial Balance Account Name Debit Credit Total $ 0 $ 0