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The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse 1. Issued 49,000 shares of common

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The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse 1. Issued 49,000 shares of common stock exchange for $490,000 in cash. 2. Purchased equipment at a cost of $59,000 $19,500 cash was paid and a notes payable to the seller was signed for the balance owed 3. Purchased inventory on account at a cost of $116,000. The company uses the perpetual inventory system. 4. Credit sales for the month totaled $215,000. The cost of the goods sold was $89.000. 5. Paid $6.900 in rent on the warehouse building for the month of March 6. Paid $7.900 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2021 7. Paid $89.000 on account for the merchandise purchased in 3. 8. Collected $74.000 from customers on account. 9. Recorded depreciation expense of $2,900 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 Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. (Enter the number of the transaction in the column next to the amount.) Cash Beg Bal Accounts receivable Beg BN T Accounts Trial Balance Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. (Enter the number of the transaction in the column next to the amount.) Cash Accounts receivable Beg. Bal Beg. Bal End. Bal. End. Bal Inventory Prepaid insurance Beg. Bal Beg Bal End. Bat. End. Bal Equipment Accumulated depreciation Bog. Bal Bog. Bal End. Bal End. Bal Accounts payable Notes payable Beg Bal Beg Bal End Bal End. Bal Common stock Sales revenue Beg. Bal. Beg Bal End. Bal End. Bal Cost of goods sold Rent expense Beg. Bal Beg. Bal. End. Bal End, Bal Depreciation expense Beg. Bal. End. Bal

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