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Ricky s Piano Rebuilding Company has been operating for one year. On January 1 , at the start of its second year, its income statement

Rickys 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 $ 7,250 Accounts Payable $ 12,350
Accounts Receivable 33,000 Deferred Revenue (deposits)4,200
Supplies 1,750 Notes Payable (long-term)40,750
Equipment 10,500 Common Stock 11,000
Land 6,650 Retained Earnings 18,350
Buildings 27,500
Following are the January transactions:
Received a $900 deposit from a customer who wanted her piano rebuilt in February.
Rented a part of the building to a bicycle repair shop; $600 rent received for January.
Delivered five rebuilt pianos to customers who paid $12,300 in cash.
Delivered two rebuilt pianos to customers for $6,900 charged on account.
Received $4,900 from customers as payment on their accounts.
Received an electric and gas utility bill for $410 for January services to be paid in February.
Ordered $825 in supplies.
Paid $1,400 on account in January.
Paid $17,700 in wages to employees in January for work done this month.
Received and paid cash for the supplies in (g).
3. Post the journal entries to the T-accounts. Show the beginning and unadjusted ending balances in the T-accounts.
4. Prepare an unadjusted trial balance at January 31.
5-a. Prepare an income statement for the month ended January 31.
5-b. Prepare a statement of retained earnings for the month ended January 31. If there are no dividends, include a line that reports Dividends of zero.
5-c. Prepare a classified balance sheet at January 31.
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