Following Transactions appeared in the books of Rolo&Co. in the month of January, 2021 Transactions Date(in the month of January 1 3 5 10 12 Rolo Kern invested $15,200 cash and $1000 worth of office equipment Purchased office equipment on account, $50 Bought office supplies for cash, $40 Collected $2400 for repairing services rendered. Rolo paid his home electric bill from the company bank account, $20. Provided $1100 worth of repairing services to clients on account Paid salaries, $160 Purchased machinery on account from Ling Corp., $400 Paid salaries, $80 Paid Ling Corp. one-half amount owed for machinery Paid rent of office, $100 15 17 20 22 25 30 Prepare a full accounting cycle as on January 31, 2021 including- Journal, T accounts, Trial balance. Also prepare Income statement, statement of changes in equity and balance sheet as on January 31, 2021