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Required information The following information applies to the questions displayed below The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of

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Required information 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 31,2017 Debits Credits Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipment Accounts payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries and wages expense Rent expense Advertising expense Totals 5,200 2,200 5,200 11,200 3,700 3,200 8,8e2 8,980 23,8 23,8e0 The following transactions occurred during January 2018

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