The following transactions occurred during March $2024$ for the Right Corporation. The company operates a wholesale warehouse.

Issued $40,000$ shares of no$-$par common stock in exchange for $$400,000$ in cash.

Purchased equipment at a cost of $$50,000.$ Cash of $$15,000$ was paid and a note payable to the seller was signed for the balance owed.

Purchased inventory on account at a cost of $$98,000.$ The company uses the perpetual inventory system.

Credit sales for the month totaled $$170,000.$ The cost of the goods sold was $$80,000.$

Paid $$6,000$ in rent on the warehouse building for the month of March.

Paid $$7,000$ to an insurance company for fire and liability insurance for a one$-$year period beginning April $1,2024.$

Paid $$80,000$ on account for the inventory purchased in transaction $3.$

Collected $$65,000$ from customers on account.

Recorded depreciation expense of $$2,000$ for the month on the equipment.

Post the above transactions to the below T$-$accounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances.

Please help me with T accounts and Trial Balance. Make it easy to understand. Thank you. In the Trial balance should be $14$ account title not $13$ the total.