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The Double-Entry Accounting System LO 3-6 205 Problem 3-36B Comprehensive problem including depreciation (Appendix) Vox Company started the period with cash of $22,000, common stock of $12,000, and retained earnings of S10,000. Vox engaged in the following transactions in 2016: Transactions During 2016 1. On January 1, 2016, purchased a computer for $7,500 cash. 2. On February 1, paid $6,600 cash for rent for a 12-month period beginning immediately 3. Purchased $1,100 of supplies for cash. 4. Provided $56,000 of services for cash. 5. Paid $18,000 cash for salaries expense. 6. On May 1, received S9,000 for services that will be performed over the next 12 months Information for Adjusting Entries 7. The computer had an estimated life of three years and a $2,400 salvage value. 8. Recognized the expired rent. 9. An inventory of supplies showed $120 of supplies on hand as of December 31 10. Recognized the revenue associated with Event 6 as of December 31 Required a. Record the 10 events in general journal format. b. Prepare an income statement, balance sheet, and statement of cash flows