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The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. owed. Ook 1. Issued 36,000 shares of common stock in exchange for $360,000 in cash. 2. Purchased equipment at a cost of $46,000. $13,000 cash was paid and a notes payable to the seller was signed for the balance 3. Purchased inventory on account at a cost of $90,000. The company uses the perpetual inventory system. 4. Credit sales for the month totaled $150,000. The cost of the goods sold was $76,000. 5. Paid $5,600 in rent on the warehouse building for the month of March 6. Paid $6,600 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2021. 7. Paid $76,000 on account for the merchandise purchased in 3. 8. Collected $61,000 from customers on account. 9. Recorded depreciation expense of $1,600 for the month on the equipment. int rences Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts ist zero. Prepare a trial balance from the ending account balances. Complete this question by entering your answers in the tabs below. T Accounts Trial Balance Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. (Enter the number of the transaction in the column next to the amount.) Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. (Enter the number of the transaction in the column next to the amount.) 5 Cash Accounts receivable pints Beg. Bal. Beg. Bal. eBook End. Bal. End. Bal. Hint Inventory Prepaid insurance Beg. Bal. Beg. Bat. References End. Bal. End. Bal. Equipment Accumulated depreciation Beg. Bal. Beg. Bal End. Bal. End. Bal Accounts payable Notes payable Bog. Bal. Beg Bal. End, Bal End. Bal. Me Prey B 2017 Next > Common stock Sales revenue Beg. Bal. Beg. Bal End. Bal. End. Bal. Cost of goods sold Rent expense Beg. Bal. Beg. Bal. ces End. Bal. End. Bal Depreciation expense Beg. Bal. End. Bal. Y ACCOUN Trial Balance > Complete this question by entering your answers in the tabs below. T Accounts Trial Balance Prepare a trial balance from the ending account balances. Trial Balance Debits Account Title Credits es Totals