i know this is alot but this is all one question and i REALLY NEED HELP!! its an emergency!! will give like if answered fully!!
Required information [The following information applies to the questions displayed below.) The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2020 Account Title Debits Credits Cash 4,800 Accounts receivable 1,800 Inventory 4,820 Equipment 18,888 Accumulated depreciation 3,300 Accounts payable 2,800 Common stock 18,eee Retained earnings 6,10e Sales revenue @ Cost of goods sold Salaries expense Rent expense Advertising expense Dividends 22,200 22,200 Totals 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 $5,3ee 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 $2,5ee. 10 Purchased merchandise on account for $9,400. 13 Purchased equipment for cash, $see 16 Paid the entire amount due to the Strong Company. 18 Received $3,800 from customers on account. 2e Paid $8ee to the owner of the building for January's rent. 30 Paid employees $2,800 for salaries for the month of January. 31 Paid a cash dividend of $1,000 to shareholders. Journal entry worksheet Sold merchandise for cash, $3,300. Note: Enter debits before credits. Credit Date General Journal Debit 3,300 Jan 01, 2021 Cash IL Journal entry worksheet The cost of the merchandise was $1,800. The company uses the perpetual inventory system. Note: Enter debits before credits. Credit Date General Journal Jan 01, 2021 Advertising expense Inventory Debit 1,800 9,800 Journal entry worksheet ..... Purchased equipment on account for $5,300 from the Strong Company. Note: Enter debits before credits. Debit Credit Date General Journal Jan 02, 2021 Equipment Accumulated depreciation 16,900 3,300 Journal entry worksheet Sold merchandise on account for $4,800. Note: Enter debits before credits. Date General Journal Debit Credit Jan 08, 2021 Journal entry worksheet ... The cost of the merchandise was $2,600. Note: Enter debits before credits General Journal Debit Credit Date Jan 08, 2021 Journal entry worksheet Paid employees $2,800 for salaries for the month of January Note: Enter debits before credits. Date General Journal Debit Credit Jan 30, 2021 Journal entry worksheet Paid a cash dividend of $1,000 to shareholders. Note: Enter debits before credits. General Journal Debit Credit Date Jan 31, 2021
