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The following information applies to the questions displayed below The following is the post-closing trial balance for the Whitkow Manufacturing Corporation as of December 31, 2017. Debits Credits of 3 4,200 1,280 4,200 18,200 Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipnent Accounts payable Conmon stock Retained earnings Sales revenue Cost of goods sold Salaries and wages expense Rent expense Advertising expense Totals 2,700 2,200 18,000 4,900 19,880 19,860 rences The folowing transactions occurred during January 2018 Jan. 1 Sold merchandise for cash, $2,780. The cost of the nerchandise was $1,200. The company uses the perpetual inventory system. 2 Purchased equipment on account for $4,700 fron the Strong Company. 4 Received a $158 invoice from the local newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2. 8 Sold merchandise on account for $4,200. The cost of the merchandise was $2,000 10 Purchased nerchandise on account for $9,100. 13 Purchased equipment for cash, $880. 16 Paid the entire amount due to the Strong Company 18 Received $3,800 from customers on account. 20 Paid $800 to the ouner of the building for Danuarys rent 30 Paid employees $2,200 for salaries and uages for the month of January 31 Paid a cash dividend of $1,000 to shareholders. Type here to search HP Support 1-800-4
3. Post the transections into the appropriate T-accounts. Winter the dete of the trensactlon In the column next to the emount. Be 3ure to Include beginning belances) Beg bal Beg, bal End bal End. bal. int Beg batl Beg bal End bal End bal Accounts Payable Beg ba Beg bal bal End bai C Prev pe here to search HP Support T
Beg. bal. Beg, bal. End. bal. End bal. Sales Revenue Cost of Goods Sold Beg bal. Beg bal. End bal End. bai 1/2 1/4 1/9 Rent Expense Salaries and Wages Expen Beg. bal Beg bal End bal End bal. Advertising Expense Beg bal End bal
4 Prepare an unadjusted trial balance as of January 31, 2018. WHITLOW MANUFA Unadjusted Trial Balance January 31, 2018 Account Title Debits Credits Totals 0
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