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. page 99
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:

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

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

3. Post the entries to T-accounts.

4. Prepare an unadjusted trial balance as of January 31, 2018.