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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 accounts had

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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 accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Buildings $ 6,000 25,000 1,200 8,000 6,000 22,000 Accounts Payable Deferred Revenue (deposits) Notes Payable (long-term) Common Stock Retained Earnings $ 8,000 3,200 40,000 8,000 9,000 Following are the January transactions: a. Received a $500 deposit from a customer who wanted her plano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $300 rent received for January c. Delivered five rebuilt planos to customers who paid $14,500 in cash. d. Delivered two rebuilt planos to customers for $7,000 charged on account. e. Received $6,000 from customers as payment on their accounts. f. Received an electric and gas utility bill for $350 for January services to be paid in February g. Ordered $800 in supplies, h. Pald $1700 on account in January I. Paid $10,000 in wages to employees in January for work done this month. J. Received and pald cash for the supplies in (9) 4. Prepare an unadjusted trial balance at January 31. RICKY'S PIANO REBUILDING COMPANY Unadjusted Trial Balance Account Name Debit Credit

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