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begin{tabular}{|l|l|l|l|l|} hline & & & hline Ending Balance & & & hline end{tabular} The following transactions occurred during March 2024 for the Right

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\\begin{tabular}{|l|l|l|l|l|} \\hline & & & \\\\ \\hline Ending Balance & & & \\\\ \\hline \\end{tabular} The following transactions occurred during March 2024 for the Right Corporation. The company operates a wholesale warehouse. 1. Issued 30.000 shares of no par common stock in exchange for \\( \\$ 300.000 \\) in cash. 2. Purchased equipment at a cost or \\( \\$ 40,000 \\) Cash of \\( \\$ 10,000 \\) was paid and a note payable to the seller was signed for the balance owed. 3. Purchased imventory on account at a cost of \\( \\$ 90,000 \\). The company uses the perpetualinventory system. 4. Credit sales for the month totaled \\( \\$ 120,000 \\). The cost of the goods sold was \\( \\$ 70.000 \\) 5. Pald \\( \\$ 5,000 \\) in rent on the warehouse building for the month of March. 6. Paid \\( \\$ 6,000 \\) to an insurance company for fire and llabisty insurance for a one-year period beginning Aprit 1. 2024 7. Pald \\( \\$ 70.000 \\) on account for the inventory purchased in transaction 3 8. Collected \\( \\$ 55,000 \\) from customers on account. 9. Recorded depreciation expense of \\( \\$ 1,000 \\) for the month on the equipment Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances. Complete this question by entering your answers in the tabs below. Nost the above transuctions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. Note: Enter the number of the transaction in the column next to the amount Prepare a trial balance from the ending account balances

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