Ricky's piano repair company unadjusted trial balance

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Ricky's piano repair company unadjusted trial balance

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	$	6,800	Accounts Payable	$	12,600
Accounts Receivable		32,750	Deferred Revenue (deposits)		3,250
Supplies		1,850	Notes Payable (long-term)		45,500
Equipment		14,500	Common Stock		7,500
Land		10,050	Retained Earnings		17,300
Building		20,200

Following are the January transactions:

Received a $870 deposit from a customer who wanted her piano rebuilt in February.
Rented a part of the building to a bicycle repair shop; $355 rent received for January.
Delivered five rebuilt pianos to customers who paid $12,775 in cash.
Delivered two rebuilt pianos to customers for $6,400 charged on account.
Received $5,300 from customers as payment on their accounts.
Received an electric and gas utility bill for $675 for January services to be paid in February.
Ordered $945 in supplies.
Paid $1,750 on account in January.
Paid $11,000 in wages to employees in January for work done this month.
Received and paid cash for the supplies in (g).

Prepare an unadjusted trial balance at January 31.

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Ricky's piano repair company unadjusted trial balance

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