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

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Stacey's Plano 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: a. Rebuilt and dellvered five pianos in January to customers who paid $19,400 in cash. b. Received a $580 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop; received $850 for rent in January. d. Received $7,700 from customers as payment on their accounts. e. Recelved an electric and gas utility bill for $480 to be paid in February. 1. Ordered $960 in supplies. 9. Paid $1,640 on account in January. h. Recelved from the home of Stacey Eddy, the major shareholder, a $920 tool (equipment) to use in the business in exchange for 140 shares of $1 par value stock. 1. Paid $14,400 in wages to employees who worked in January. 1. Declared and paid a $2,100 dividend (reduce Retained Eamings and Cash). k. Recelved and paid cash for the supplies in (i). 1. Paid $320 in interest expense on the long-term note payable. Required: 1 and 2 . Enter the following transactions for January of the second year into the T-accounts, using the letter of each transaction as the \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Interest Expense } \\ \hline Beginning Balance & & \multicolumn{2}{|c|}{ Credit } \\ \hline & & & \\ \hline Ending Balance & & & \\ \hline \end{tabular} Using the data from the T-accounts, amounts for the following at the end of January of the second year, were

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