Part 2 of 3 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. Credits points Debits 4,40e 1,400 4.400 10,4ee 2,989 2,400 eBook Account Title Cash Accounts receivable Inventory Equipment Accumulated depreciation Accounts payable Accrued liabilities Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Advertising expense Totals 9,000 6,300 Print 20.680 20,600 The following transactions occurred during January 2021: Jan. 1 Sold merchandise for cash, $2,990. The cost of the merchandise was $1,480. The company uses the perpetual inventory system. 2 Purchased equipment on account for $4,900 from the Strong Company. 4 Received a $200 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 $4,400. The cost of the merchandise was $2,280. 10 Purchased merchandise on account for $9, 208. 13 Purchased equipment for cash, $980. 16 Paid the entire amount due to the Strong Company. 18 Received $4,eee from customers on account. 20 Paid $980 to the owner of the building for January's rent. 30 Paid employees $2,488 for salaries for the month of January. 31 Paid a cash dividend of $980 to shareholders. 1. & 3. Enter the beginning balances as of January 1, 2021 and post the entries to T-accounts. (Enter the date of the transaction in the column next to the amount.) eBook Cash Accounts Receivable Beg. bal. Beg. bal. Print End, bal. End bal. Inventory Equipment Beg. bal. Beg. bal. End. bal. End. bal. Accumulated Depreciation Accounts Payable Beg. bal. Beg. bal. End, bal. End bal. Common Stock Accrued Liabilities Beg. bal. Beg. bal. End. bal. End, bal. Dividends Retained Earnings Beg. bal. Beg. bal. eBook Print End, bal. End, bal. Sales Revenue Cost of Goods Sold Beg. bal. Beg. bal. End. bal. End. bal. Rent Expense Salaries Expense Beg. bal. Beg. bal. End. bal. End. bal. Advertising Expense Beq. bal. End. bal. eBook 4. Prepare an unadjusted trial balance as of January 31, 2021. Print Credits WHITLOW MANUFACTURING CORPORATION Unadjusted Trial Balance January 31, 2021 Account Title Debits 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 0 S