The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2020.

Account Title	Debits			Credits
Cash		5,800
Accounts receivable		2,800
Inventory		5,800
Equipment		11,800
Accumulated depreciation					4,300
Accounts payable					3,800
Accrued liabilities					0
Common stock					10,000
Retained earnings					8,100
Sales revenue					0
Cost of goods sold		0
Salaries expense		0
Rent expense		0
Advertising expense		0
Totals		26,200			26,200

The following transactions occurred during January 2021:

Jan.		1		Sold merchandise for cash, $4,300. The cost of the merchandise was $2,800. The company uses the perpetual inventory system.
		2		Purchased equipment on account for $6,300 from the Strong Company.
		4		Received a $100 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 $5,800. The cost of the merchandise was $3,600.
		10		Purchased merchandise on account for $9,900.
		13		Purchased equipment for cash, $700.
		16		Paid the entire amount due to the Strong Company.
		18		Received $5,600 from customers on account.
		20		Paid $700 to the owner of the building for January’s rent.
		30		Paid employees $3,800 for salaries for the month of January.
		31		Paid a cash dividend of $1,000 to shareholders.

1. & 3. Enter the beginning balances as of January 1, 2021 and post the entries to T-accounts.

4. Prepare an unadjusted trial balance as of January 31, 2021.