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Time remainings t. Ordered as utility bill for $420 to be paid in February We 10.00 points Stacey's Plano Rebuilding Company has been operating for

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Time remainings t. Ordered as utility bill for $420 to be paid in February We 10.00 points Stacey's Plano Rebuilding Company has been operating for one year. At the start of the second or, to income statement accounts had zero balances and its balance sheet account balances were as follows: Cash $ 6.900 Accounts payable $ 9.200 Accounts receivable 30 300 Unearned revenue 3,540 Supplies 1,490 Note payable long-term) 47.200 Equipment 10,400 Common ock 188 Land 7.700 Retained earnings 21,310 Building Additional paid.in capital 752 a. Rebuit and delivered five pianos in January to customers who paid $19.000 in cash. b. Received a $520 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop received 5910 for rent in January d. Received $8,200 from customers as payment on their accounts e g. Paid $1,540 on account in January h. Received from the home of Stacey Eddy, the major shareholder, a $940 tool (equipment) to use in the business in exchange for 130 shares of $1 par value stock 1. Paid $14,200 in wages to employees who worked in January j. Declared and paid a $2,400dividend reduce Retained od Earnings and Cash) k. Received and paid cash for the supplies in 25.400 Required: Prepare an income statement for January 31 ignore income taxes). STACEY'S PIANO REBUILDING COMPANY Income Statement(unadjusted) Operating revenues h. Received from the home of Stacey Eddy, the major shareholder, a $ i. Paid $14,200 in wages to employees who worked in January. j. Declared and paid a $2,400dividend (reduce Retained Earnings and k. Received and paid cash for the supplies in (1). Required: Prepare an income statement for January 31 (ignore income taxes). STACEY'S PIANO REBUILDING COMPANY Income Statement (unadjusted) Operating revenues: Total operating revenues Operating expenses: Total operating expenses Other item

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