Hello, Could somebody help with this exercise.

E5-14 Marcia Walker's consulting practice performs systems consulting. Walker has Accounting for both mechandising and also begun selling accounting software. During January, the business completed these service operations (Obj. 1,2,4,5) transactions: Student Resource CD Jan. 2 Completed a consulting engagement and received cash of $7,200. General Ledger, Peachtree. Quickbooks 2 Prepaid three months' office rent, $1,500. 3. Net income $4,900 7 Purchased accounting software inventory on account, $4,000. 16 Paid employee salary, $1,400. 18 Sold accounting software on account, $1,100 (cost $700). 19 Consulted with a client for a fee of $900 on account 21 Paid on account, $2,000. 24 Paid utilities, $300. 28 Sold accounting software for cash, 5600 (cost $400). 31 Recorded these adjusting entries: Accrued salary expense, $1,400. Accounted for expiration of prepaid rent. Depreciation of office furniture, $200. Required 1. Open the following selected T-accounts in the ledger: Cash; Accounts Receivable; Accounting Software Inventory; Prepaid Rent; Accumulated Depreciation; Accounts Payable; Salary Payable; Marcia Walker, Capital; Income Summary; Service Revenue; Sales Revenue; Cost of Goods Sold; Salary Expense; Rent Expense; Utilities Expense; and Depreciation Expense. 2. Journalize and post the January transactions. Key all items by date. Compute cach account balance, and denote the balance as Bal. Journalize and post the closing entries. Denote each closing amount as Clo. After posting all closing entries, prove the equality of debits and credits in the ledger. 3. Prepare the January income statement of Marcia Walker, Consultant. Use the single- E5-14 Marcia Walker's consulting practice performs systems consulting. Walker has Accounting for both mechandising and also begun selling accounting software. During January, the business completed these service operations (Obj. 1,2,4,5) transactions: Student Resource CD Jan. 2 Completed a consulting engagement and received cash of $7,200. General Ledger, Peachtree. Quickbooks 2 Prepaid three months' office rent, $1,500. 3. Net income $4,900 7 Purchased accounting software inventory on account, $4,000. 16 Paid employee salary, $1,400. 18 Sold accounting software on account, $1,100 (cost $700). 19 Consulted with a client for a fee of $900 on account 21 Paid on account, $2,000. 24 Paid utilities, $300. 28 Sold accounting software for cash, 5600 (cost $400). 31 Recorded these adjusting entries: Accrued salary expense, $1,400. Accounted for expiration of prepaid rent. Depreciation of office furniture, $200. Required 1. Open the following selected T-accounts in the ledger: Cash; Accounts Receivable; Accounting Software Inventory; Prepaid Rent; Accumulated Depreciation; Accounts Payable; Salary Payable; Marcia Walker, Capital; Income Summary; Service Revenue; Sales Revenue; Cost of Goods Sold; Salary Expense; Rent Expense; Utilities Expense; and Depreciation Expense. 2. Journalize and post the January transactions. Key all items by date. Compute cach account balance, and denote the balance as Bal. Journalize and post the closing entries. Denote each closing amount as Clo. After posting all closing entries, prove the equality of debits and credits in the ledger. 3. Prepare the January income statement of Marcia Walker, Consultant. Use the single