Time allowed-3.5 hours Following Transactions appeared in the books of Rplece, in the month of January, 2021 Date in the Transactions month of January 1 Rolo Kern invested $5,200 cash and $100 worth of office equipment 3 Purchased office equipment on account. $50 5 Bought office supplies for cash, 540 10 Collected $2400 for services rendered. 12 Rolo paid his home electric bill from the company bank account, $20 15 Provided $1100 worth of services to clients who will not pay until next month 17 Pald salaries, $160 20 Purchased machinery on account from Ling Corp., $400 22 Paid salaries, $80 25 Paid Ling Corp. one-half amount owed for machinery 30 Paid rent of office $100 Additional information Prepaid rent for 3 months amounting to $3600 paid on January 1, 2021 b. Depreciation on machinery 51200 for one year Prepare a full accounting cycle us on January 31, 2021 including Journal, accounts, Trial balance, adjusted journal adjusted accounts and adjusted Trial balance Also prepare income statement statement of changes in evity and balance sheets on January 31, 2011 Nota. There is no need to pan concorrente O a 2 Time allowed-3.5 hours Following Transactions appeared in the books of Rplece, in the month of January, 2021 Date in the Transactions month of January 1 Rolo Kern invested $5,200 cash and $100 worth of office equipment 3 Purchased office equipment on account. $50 5 Bought office supplies for cash, 540 10 Collected $2400 for services rendered. 12 Rolo paid his home electric bill from the company bank account, $20 15 Provided $1100 worth of services to clients who will not pay until next month 17 Pald salaries, $160 20 Purchased machinery on account from Ling Corp., $400 22 Paid salaries, $80 25 Paid Ling Corp. one-half amount owed for machinery 30 Paid rent of office $100 Additional information Prepaid rent for 3 months amounting to $3600 paid on January 1, 2021 b. Depreciation on machinery 51200 for one year Prepare a full accounting cycle us on January 31, 2021 including Journal, accounts, Trial balance, adjusted journal adjusted accounts and adjusted Trial balance Also prepare income statement statement of changes in evity and balance sheets on January 31, 2011 Nota. There is no need to pan concorrente O a 2