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[The following information applies to the questions displayed below.] Ricky's Piano Rebuilding Company has been...

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Accounting

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[The following information applies to the questions displayed below.] 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: Following are the January transactions: a. Received a $695 deposit from a customer who wanted her piano rebuilt in February. b. Rented a part of the building to a bicycle repair shop; $325 rent recelved for January. c. Delivered five rebuilt pianos to customers who paid $15,600 in cash. c. Delivered two rebuilt pianos to customers for $8,000 charged on account. - Received $5,400 from customers as payment on their accounts. i. Recelved an electric and gas utility bill for $670 for January services to be paid in February. a. Ordered $1,185 in supplies. h. Paid $3,000 on account in January. . Paid $15,500 in wages to employees in January for work done this month. Received and paid cash for the supplies in (g). Aword o.der goints Required: 2. Prepare joumal entries for the above January transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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