The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2020 Credits Debits 4,200 1,200 4,200 10,209 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 Totals 2,709 2,200 10,000 4,900 e 19,800 19,800 The following transactions occurred during January 2021: The following transactions occurred during January 2021 Jan. 1 Sold merchandise for cash, $2,70e. The cost of the merchandise was $1,200. The company uses the perpetual inventory system. 2 Purchased equipment on account for $4,700 from the Strong Company. 4 Received a $150 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 $4,200. The cost of the merchandise was $2,000. 10 Purchased merchandise on account for $9,100. 13 Purchased equipment for cash, $800. 16 Paid the entire amount due to the Strong Company. 18 Received $3,800 from customers on account. 20 Paid $800 to the owner of the building for January's rent. 30 Paid employees $2,200 for salaries for the month of January 31 Paid a cash dividend of $1,000 to shareholders. 4. Prepare an unadjusted trial balance as of January 31, 2021 WHITLOW MANUFACTURING CORPORATION Unadjusted Trial Balance January 31, 2021