Post transactions to T-Accounts: T.A.R.D.I.S. Co. is a merchandiser who sells science fiction themed merchandise to customers. The beginning balance of all accounts listed in their general ledger as of March 1st is: Cash: $7,220; A/R: $6,890; Inventory: $2,045; Notes Payable (N/P): $5,000; Accounts Payable (A/P): $2,440; Retained Earnings: $8,715; Common Stock: $0. Assume Sales Revenue and COGS each have a beginning balance of $0 as of March 1st. The following transactions were then recorded in the firm's general journal for March: Debit: Credit: $ 25,000 Notes Payable (N/P) $ 25,000 To record loan from bank Date 2-Mar Cash 3-Mar $ Inventory 9,160 Accounts Payable (A/P) To record purchase of inventory on account from suppliers 9,160 5-Mar Cash $ 1,300 Accounts Receivable (A/R) $ 6,700 Sales Revenue To record revenue from sale of merchandise inventory $ 8,000 5-Mar Cost of Goods Sold (COGS) $ 4,370 Inventory To record cost of merchandise sold; reduction in inventory $ 4,370 13-Mar $ 2,690 Accounts Payable (A/P) Cash To record payment to creditors $ 2,690 20-Mar Cash $ 3,450 Accounts Receivable To record receipt of cash from customers on account $ 3,450 a. Prepare T-accounts for the following accounts used by TARDIS: Cash, Accounts Receivable (A/R), Inventory, Accounts Payable (A/P), Notes Payable (N/P), Common Stock, Retained Earnings, Sales Revenue, and cost of Goods Sold (COGS) and record the beginning balance as of March 1st as given above (HINT: make sure the sum of your Asset T-account balances = the sum of your Liability + SHE T-account balances at the beginning of the period!). NOTE about formatting: I find it easiest to set up T-accounts using excel, but you are welcome to handwrite them and upload a picture in Compass, or use a word document if that is easier/more convenient for you. Post (i.e. transfer) the information in the journal entries listed above to the proper T-accounts. Update each T-account and calculate the ending balance of each T-account as of March 31% (HINT: Make sure the sum of your Asset T-account balances = the sum of your Liability + SHE T-account balances at the end of the period!). b