The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2017.

Account Title	Debits	Credits
Cash	5,000
Accounts receivable	2,000
Inventory	5,000
Equipment	11,000
Accumulated depreciationequipment		3,500
Accounts payable		3,000
Common stock		10,000
Retained earnings		6,500
Sales revenue		0
Cost of goods sold	0
Salaries and wages expense	0
Rent expense	0
Advertising expense	0
Totals	23,000	23,000

The following transactions occurred during January 2018:

Jan. 1	Sold merchandise for cash, $3,500. The cost of the merchandise was $2,000. The company uses the perpetual inventory system.
2	Purchased equipment on account for $5,500 from the Strong Company.
4	Received a $150 bill from the local newspaper for an advertisement that appeared in the paper on January 2.
8	Sold merchandise on account for $5,000. The cost of the merchandise was $2,800.
10	Purchased merchandise on account for $9,500.
13	Purchased equipment for cash, $800.
16	Paid the entire amount due to the Strong Company.
18	Received $4,000 from customers on account.
20	Paid $800 to the owner of the building for Januarys rent.
30	Paid employees $3,000 for salaries and wages for the month of January.
31	Paid a cash dividend of $1,000 to shareholders.

Required:

Set up T-accounts and enter the beginning balances as of January 1, 2018.

Prepare general journal entries to record each transaction. Omit explanations.

Post the entries to T-accounts.

Prepare an unadjusted trial balance as of January 31, 2018