The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale warehouse 1. Issued 38,000 shares of common stock in exchange for $380,000 in cash. 2. Purchased equipment at a cost of $48,000. $14.000 cash was paid and a note payable was signed for the balance owed 3. Purchased Inventory on account at a cost of $94,000. The company uses the perpetual Inventory system. 4. Credit sales for the month totaled $160,000. The cost of the goods sold was $78,000 5. Paid $5,800 in rent on the warehouse building for the month of March 6. Paid $6,800 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2018 7. Paid $78,000 on account for the merchandise purchased in 3. 8. Collected $63.000 from customers on account. 9. Recorded depreciation expense of $1,800 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 Complete this question by entering your answers in the tabs below. T Accounts Trial Balance Prepare a trial balance from the ending account balances. Beg Bal Beg Bal End. Bal End. Bal Inventory Prepaid Insurance Beg Bali Beg Bal End. Bal End Bal Equipment Accumulated Depreciation Beg. Bal Accounts Payable Note Payable Beg Bal. Beg Bal End. Bal End. Bal Common Stock Sales Revenue Beg Bal. Beg Bal End Bar Cost of Goods Sold Rent Expense Beg Bal Beg Bal Depreciation Expense Beg Bat T Accounts Trial Balance Prepare a trial balance from the ending account balances. Trial Balance Debits Account Title Credits Totals