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Stacey's Piano Rebuilding Company has been operating for one yeac Ac the start of the second yeaci its income statement accounts had zero balances and

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Stacey's Piano Rebuilding Company has been operating for one yeac Ac the start of the second yeaci its income statement accounts had zero balances and its balance sheet account balances were as follows: a. Rebuit and delivered five piancs in 3anuary to customers who paid 519,000 in canh b. Recelved a $600 deposit from a customer who wanted ber plano rebult. c. Rented a part of the bulding to a bicycle repoir shop received $850 for rent in January. d. Recelved $7,200 from customers as payment on their accounts. e. Recelved an electric and gas utitity bill for $400 to be paid in February. f. Ordered $960 in supplies. 7. Received from the home of Stacey Eddy, the major shareholdec, a $920 tool (equipmenth to use in the business in exchange for 9. Paid $2,300 on account in January. 100 shares of 51 par value stock. 1. Paid $16,500 in wages to employees who worked in January. 1. Declared and paid a $2,200 dividend (reduce Retained Eatnings and Cash). k. Recelved and paid cash for the supples in (7. 1. Paid $320 in interest expense on the long term note poyable. Prepare an unadjusted classified income statement for Januiby of the second year (gnore income tasm) Required: k. Alecelved and paid cash for the supptes in io i. Paid 5320 in interest expeme on the longterm nole ptrable. Required: Prepare an unodjusted ciasulied income statement for danuary of the secend year fonore nceme tases)

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