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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 January 1, at

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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 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 $ 7,850 Accounts Payable 15,000 Deferred Revenue (deposits) 2,100 Notes Payable (long-term) 9,500 Common Stock 8,400 Retained Earnings 28,400 $10,300 4,400 41,500 10,000 5,050 Following are the January transactions: a. Received a $690 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop; $350 rent received for January. c. Delivered five rebuilt pianos to customers who paid $15,050 in cash. d. Delivered two rebuilt pianos to customers for $7,700 charged on account. e. Received $6,350 from customers as payment on their accounts. f. Received an electric and gas utility bill for $765 for January services to be paid in February. g. Ordered $900 in supplies. h. Paid $2,450 on account in January. i. Paid $10,900 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (g). 3. Post the journal entries to the Taccounts. Show the unadjusted beginning and ending balances in the T-accounts. Cach Account Receivable Beg Bel Bea Bel End. Bal. End. Bal. Supplies Equipment Bag. Bal Bag. Bal. End. Bal. End. Bal Land Building Beg Bal. Bag. Bal End. Bal End. The Accounts Payable Deferred Revenue Bag. El Bag. Bal End. Bol End. Bal Notes Payable Common atok Bag. Bal. Beg Bal End. Bal. End. Bal. Ratained Earnings Service Revenue Bag. Bal Bag. Bol End. Bal. End. Bal Rant Ravenue Salaries and Viages Expense Bag. Bal Bec Bal End. Bal. End. Bal. Utrint Expance Bag. Bal End. Bal

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