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Required information 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: Cash Accounts Receivable Supplies Equipment Land Building $ 6,650 Accounts Payable 47,5e0 Deferred Revenue (deposits) 1,550 Notes Payable (long-term) 11,708 Common Stock 8,350 Retained Earnings 26,200 $10,450 3,899 63,500 11,500 12,700 Following are the January transactions: a. Received a $630 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $675 rent received for January c. Delivered five rebuilt pianos to customers who paid $20.200 in cash. d. Delivered two rebuilt pianos to customers for $9.300 charged on account. e. Received $7,800 from customers as payment on their accounts. 1. Received an electric and gas utility bill for $420 for January services to be paid in February g. Ordered $960 in supplies. h. Paid $1.800 on account in January 1. Paid $17,800 in wages to employees in January for work done this month. J. Received and paid cash for the supplies in (gl. 5-a. Prepare an income statement for the month ended and at January 31 5-b. Prepare a statement of retained earnings for the month ended and at January 31 5-c. Prepare a classified balance sheet for the month ended and at January 31 Complete this question by entering your answers in the tabs below. 5-a. Prepare an income statement for the month ended and at January 31 5-b. Prepare a statement of retained earnings for the month ended and at January 31 5-c. Prepare a classified balance sheet for the month ended and at January 31 Complete this question by entering your answers in the tabs below. Req 5A Req 5B Rea SC Prepare an income statement for the month ended and at January 31. RICKY'S PIANO REBUILDING COMPANY Income Statement Req 5B > a. Delivered two rebuilt pianos to customers for $9,300 charged on account. e. Received $7,800 from customers as payment on their accounts. f. Received an electric and gas utility bill for $420 for January services to be paid in February g. Ordered $960 in supplies h. Paid $1,800 on account in January 1. Paid $17,800 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (g). a. Prepare an income statement for the month ended and at January 31 b. Prepare a statement of retained earnings for the month ended and at January 31. c. Prepare a classified balance sheet for the month ended and at January 31. Complete this question by entering your answers in the tabs below. Reg SA Reg 5B Reg 5C Prepare a statement of retained earnings for the month ended and at January 31. RICKY'S PIANO REBUILDING COMPANY Statement of Retained Earnings Retained Earnings, January 1 | Retained Earnings, January 31 Req 5A Req5C > a. Delivered two rebuilt pianos to customers for $9,300 charged on account. e. Received $7,800 from customers as payment on their accounts. f. Received an electric and gas utility bill for $420 for January services to be paid in February g. Ordered $960 in supplies h. Paid $1,800 on account in January 1. Paid $17,800 in wages to employees in January for work done this month. j. Received and paid cash for the supplies in (g). a. Prepare an income statement for the month ended and at January 31 b. Prepare a statement of retained earnings for the month ended and at January 31. c. Prepare a classified balance sheet for the month ended and at January 31. Complete this question by entering your answers in the tabs below. Reg SA Reg 5B Reg 5C Prepare a statement of retained earnings for the month ended and at January 31. RICKY'S PIANO REBUILDING COMPANY Statement of Retained Earnings Retained Earnings, January 1 | Retained Earnings, January 31 Req 5A Req5C >

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