omheducation.com/ext/map/index.html?_con=condexler Post the above transactions to the below T-accounts. Assun balance from the ending account balances. Complete this question by entering your answers in th T Accounts Trial Balance Prepare a trial balance from the ending account balances. Trial Balance Account Title Debits Credits ES Totals Eise 2-3 (Algo) T-accounts and trial balance [LO2.4] Sllowing transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates house. ssued 31,000 shares of common stock in exchange for $310,000 in cash. Purchased equipment at a cost of $41.000. $10.500 cash was paid and a notes payable to the seller was signed for the bal owed Purchased inventory on account at a cost of $80.000. The company uses the perpetual inventory system. Credit sales for the month totaled $125.000. The cost of the goods sold was $71.000. Paid $5,100 in rent on the warehouse building for the month of March 5. Paid $6,100 to an insurance company for fire and liability insurance for a one-year period beginning April 1. 2021 7. Paid $71000 on account for the merchandise purchased in 3. 8. Collected $56.000 from customers on account. 9. Recorded depreciation expense of $1,100 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 ta balance from the ending account balances. Complete this question by entering your answers in the tabs below. Algo) T-accounts and trial balance [LO2-4] ansactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a w 2000 shares of common stock in exchange for $310,000 in cash. ed equipment at a cost of $41,000. $10.500 cash was paid and a notes payable to the seller was signed for the bala sed inventory on account at a cost of $80.000. The company uses the perpetual inventory system. sales for the month totaled $125,000. The cost of the goods sold was $71,000. 35100 in rent on the warehouse building for the month of March. $6100 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2021. $71.000 on account for the merchandise purchased in 3. lected $56 000 from customers on account. corded depreciation expense of $1,100 for the month on the equipment Et the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. Prepare a orice from the ending account balances. Complete this question by entering your answers in the tabs below. The following transactions occurred during March 2021 for the Wainwright Cor warehouse. 1. Issued 31,000 shares of common stock in exchange for $310,000 in cash. 2. Purchased equipment at a cost of $41,000. $10,500 cash was paid and a notes oved. 3. Purchased inventory on account at a cost of $80,000. The company uses the pera 4. Credit sales for the month totaled $125,000. The cost of the goods sold was $71,00 5. Paid $5,100 in rent on the warehouse building for the month of March. 6. Paid $6.100 to an insurance company for fire and liability insurance for a one-year pe 7. Paid $71.000 on account for the merchandise purchased in 3. 8. Collected $56.000 frorn customers on account. 9. Recorded depreciation expense of $1100 for the month on the equipment peint Post the above transactions to the below accounts. Assume that the opening balances in ea balance from the ending acdount balances References Complete this question by entering your answers in the tabs below. aan de