Prepare general journal entries to record each transaction?

The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2020, Credits Debits 5,500 2,500 5,500 11,500 4,000 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 Dividends Totals 3,500 8,000 9,500 k mit 25,000 25,000 ences The following transactions occurred during January 2021: Jan. 1 Sold merchandise for cash, $4,000. The cost of the merchandise was $2,500. The company uses the perpetual inventory system. 2 Purchased equipment on account for $6,000 from Strong Company. 4 Received a $100 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 $5,500. The cost of the merchandise was $3,300 10 Purchased merchandise on account for $9,750. 13 Purchased equipment for cash, $700. 16 Paid the entire amount due to the Strong Company. 18 Received $5,000 from customers on account. 20 Paid $700 to the owner of the building for January's rent. 30 Paid employees $3,500 for salaries for the month of January. 31 Paid a cash dividend of $800 to shareholders