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: (image below)

Prepare journal entries for the given January transactions.

Rickys 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 class=


Answer :