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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: Accounts Receivable Supplies Equipment Land Buildings $ 6,400 Accounts Payable 21,500 Deferred Revenue (deposits) 2,850 Notes Payable (long-term) 17,200 Common Stock 9,300 Retained Earnings 24,400 $10,750 4,650 41.000 12.000 13,250 Following are the January transactions: a. Received a $565 deposit from a customer who wanted her plano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $410 rent received for January c. Delivered five rebuilt pianos to customers who paid $22,525 in cash d. Delivered two rebuilt pianos to customers for $10,800 charged on account. e. Received $8,600 from customers as payment on their accounts f. Received an electric and gas utility bill for $495 for January services to be paid in February g. Ordered $1,040 in supplies. h. Paid $3,600 on account in January 1. Paid $13,400 in wages to employees in January for work done this month. J. Received and paid cash for the supplies in (9) General Statement of General Income Requirement Trial Balance Retained Balance Sheet Journal Ledger Statement Earnings General Journal tab - Prepare the journal entries to record the transactions (a) through 0). Review the accounts as shown in the General Ledger and Trial Balance tabs General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab. The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Income Statement tab - Use the drop down to select the accounts property included on the income statement Statement of Retained Earnings tab - Prepare the statement of retained earnings for the month ended January 31, 2019. Balance Sheet tab - Prepare a classified balance sheet at January 31, 2019

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