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$[$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 $31,2023.$

The following transactions occurred during January $2024$:

January $1$ Sold inventory for cash, $$2,700.$ The cost of the inventory was $$1,200.$ The company uses the perpetual

inventory system.

January $2$ Purchased equipment on account for $$4,700$ from the Strong Company. The full amount is due in $15$ days.

January $4$ Received a $$150$ invoice from the local newspaper requesting payment for an advertisement that whitlow placed

in the paper on January $2.$

January $8$ Sold inventory on account for $$4,200.$ The cost of the inventory was $$2,000.$

January $10$ Purchased inventory on account for $$9,100.$

January $13$ Purchased equipment for cash, $$800.$

January $16$ Paid the entire amount due to the Strong Company.

January $18$ Received $$3,800$ from customers on account.

January $20$ Paid $$800$ to the owner of the building for January's rent.

January $30$ Paid employees $$2,200$ for salaries for the month of January.

January $31$ Paid a cash dividend of $$1,000$ to shareholders.

& $3.$ Enter the beginning balances as of January $1,2024$ and post the entries to T$-$accounts.

Note: Enter the date of the transaction in the column next to the amount.