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Required information [ The following information applies to the questions allsplayed below. ] The following is the post - closing trial balance for the Whitlow

Required information
[The following information applies to the questions allsplayed 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 18old Inventory for cash, $3,200. The cost of the Inventory was $1,700. The corpany uses the perpetual Inventory systen,
January a poper on January 2.
January 10 purchased Inventory on account for $9,860.
January is purchased equipnent for cash, 8000.
January 16 Pald the ent Ire anount due to the Btrong corpany.
January 18 Aecelved $3,700 fron custoners on account.
& 3. Enter the beginning balances as of January 1,2024 and post the entrles to T-accounts. Note: Enter the date of the transaction in the column next to the amount.
\table[[Cash,],[Beginning balance,4,700,,],[11,3,200,,],[118,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
\table[[Accounts Receivable,],[Beginning balance,,,],[1/8,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
\table[[Inventory,],[Beginning balance,,,],[110,,,],[,,,],[,,,],[Ending balance,,,]]
\table[[Equipment,],[Beginning balance,,,],[12,,,],[113,,,],[,,,],[Ending balance,,,]]
\table[[Accumulated Depreciation,],[Beginning balance,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
\table[[Accounts Payable,],[Beginning balance,,,],[116,,,],[,,,],[,,,],[,,,],[Ending balance,,,]]
\table[[Common Stock],[Beginning balance,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
\table[[Dividends,],[Beginning balance,,,],[131,,,],[,,,],[,,,],[Ending balance,,,],[,,,]]
\table[[Retained Earnings,],[Beginning balance,,,],[,,,],[,,,],[,,,],[Ending balance,,,]]
\table[[Sales Revenue,],[Beginning balance,,,],[,,,],[,,,],[,,,],[Ending balance,,,]]
\table[[Cost of Goods Sold,],[Beginning balance,,,],[11,,,],[18,,,],[,,,],[Ending balance,,,]]
\table[[Rent Expense,],[Beginning balance,,,],[120,,,],[,,,],[,,,],[Ending balance,,,]]
\table[[Salaries Expense,],[Beginning balance,,,],[130,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
\table[[Advertising Expense,],[Beginning balance,,,],[14,,,],[,,,],[,,,],[Ending balance,,,],[,,,]]
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