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Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and

Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows:

Cash $6,700 Accounts payable $8,700
Accounts receivable 30,200 Unearned revenue 3,240
Supplies 1,450 Long-term note payable 47,900
Equipment 10,100 Common stock 1,720
Land 7,300 Additional paid-in capital 6,880
Building 26,400 Retained earnings 13,710
  1. Rebuilt and delivered five pianos in January to customers who paid $18,600 in cash.
  2. Received a $600 deposit from a customer who wanted her piano rebuilt.
  3. Rented a part of the building to a bicycle repair shop; received $900 for rent in January.
  4. Received $7,900 from customers as payment on their accounts.
  5. Received an electric and gas utility bill for $440 to be paid in February.
  6. Ordered $870 in supplies.
  7. Paid $1,840 on account in January.
  8. Received from the home of Stacey Eddy, the major shareholder, a $960 tool (equipment) to use in the business in exchange for 100 shares of $1 par value stock.
  9. Paid $14,800 in wages to employees who worked in January.
  10. Declared and paid a $2,300 dividend (reduce Retained Earnings and Cash).
  11. Received and paid cash for the supplies in (f).
  12. Paid $350 in interest expense on the long-term note payable.
Cash Accounts Receivable
Debit Credit Debit Credit
Beginning Balance Beginning Balance
(a) (g) (d)
(b) (i)
(c) (j) Ending Balance 0
(d) (k)
Ending Balance 0
Supplies Equipment
Debit Credit Debit Credit
Beginning Balance Beginning Balance
(h)
Ending Balance 0 Ending Balance 0
Land Building
Debit Credit Debit Credit
Beginning Balance Beginning Balance
Ending Balance 0 Ending Balance 0
Accounts Payable Unearned Revenue
Debit Credit Debit Credit
Beginning Balance Beginning Balance
Ending Balance 0 Ending Balance 0

Also for Long term note payable, common stock, additional paid capital, retained earning, rebuilding fees revenue, rent revenue, wages expense, utilies expense, and interest expense ( I couldn't fix the tables into the page)

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