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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 postclosing trial balance for the Whitlow Manufacturing Corporation as of December
The following transactions occurred during January :
January old Inventory for cash, $ The cost of the Inventory was $ The corpany uses the perpetual Inventory systen,
January a poper on January
January purchased Inventory on account for $
January is purchased equipnent for cash,
January Pald the ent Ire anount due to the Btrong corpany.
January Aecelved $ fron custoners on account.
& Enter the beginning balances as of January and post the entrles to Taccounts. Note: Enter the date of the transaction in the column next to the amount.
tableCashBeginning balance,
tableAccounts Receivable,Beginning balance,,,
tableInventoryBeginning balance,,,Ending balance,,,
tableEquipmentBeginning balance,,,Ending balance,,,
tableAccumulated Depreciation,Beginning balance,,,
tableAccounts Payable,Beginning balance,,,Ending balance,,,
tableCommon StockBeginning balance,,,
tableDividendsBeginning balance,,,Ending balance,,,
tableRetained Earnings,Beginning balance,,,Ending balance,,,
tableSales Revenue,Beginning balance,,,Ending balance,,,
tableCost of Goods Sold,Beginning balance,,,Ending balance,,,
tableRent Expense,Beginning balance,,,Ending balance,,,
tableSalaries Expense,Beginning balance,,,
tableAdvertising Expense,Beginning balance,,,Ending balance,,,
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