of December. SA-3. As the bookkeeper of Pat's Plowing, you have been asked to complete the entire accounting cycle for Pat from the following information. S50 201x Pat invested $16,000 cash and $10,200 worth of snow equipment into the plowing company. Jan. 1 1 Paid rent 6 months in advance for garage space, $2,400. 4 Purchased office equipment from Lang Corp. for $12,000 on account. 6 Purchased snow supplies for $300 cash. 8 Collected $8,000 from plowing local shopping centers 12 Pat Munro withdrew $8,000 from the business for personal use. 20 Plowed Hayfield parking lots, payment not to be received until March, $5,000. 26 Paid salaries to employees, $2,200. 28 Paid Lang Corp. one-half amount owed for office equipment. 29 Advertising bill received from Taft Co. but will not be paid until March, $800. 30 Paid telephone bill, $140. Use the following chart of accounts. Chart of Accounts Assets 111 Cash 112 Accounts Receivable 114 Prepaid Rent 115 Snow Supplies 121 Office Equipment 122 Accumulated Depreciation, Office Equipment 123 Snow Equipment 124 Accumulated Depreciation, Snow Equipment Liabilities 211 Accounts Payable 212 Salaries Payable Owner's Equity 311 P. Munro, Capital 312 P. Munro, Withdrawals 313 Income Summary Revenue 411 Plowing Fees Expenses 511 Salaries Expense 512 Advertising Expense 513 Telephone Expense 514 Rent Expense 515 Snow Supplies Expense 516 Depreciation Expense, Office Equipment 517 Depreciation Expense, Snow Equipment