Credits Debits 4,800 1,800 4,800 10,800 Account Title Cash Accounts receivable Inventory Equipment Accumulated depreciation Accounts payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Advertising expense Totals 3,300 2,800 10,000 6,100 e 22,200 22,200 The following transactions occurred during January 2021: Jan. 1 Sold merchandise for cash, $3,300. The cost of the merchandise was $1,800. The company uses the perpetual inventory system. 2 Purchased equipment on account for $5,300 from the Strong Company. 4 Received a $150 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 $4,800. The cost of the merchandise was $2,600. 10 Purchased merchandise on account for $9,400. 13 Purchased equipment for cash, $800. 16 Paid the entire amount due to the Strong Company. 18 Received $3,800 from customers on account. 20 Paid $800 to the owner of the building for January's rent. 30 Paid employees $2,8ee for salaries for the month of January. 31 Paid a cash dividend of $1,eee to shareholders. 4. Prepare an unadjusted trial balance as of January 31, 2021