the following transactions occurred during March 2021 for the Wawright Corporation. The -company owns and operates a wholesale warehouse 1. Issued 30,000 shares of no par common stock in exchange for $300,000 in cash 2. Purchased equipment at a cost of $40,000 $10,000 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 $90,000 4. Credit sales for the month totaled S120,000. The cost of the goods sold was $70,000 5. Paid $5,000 in rent on the warehouse building for the month of March 6. Paid $6,000 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2021 7. Paid $70,000 on account for the merchandise purchased in 3. 8. Collected $55,000 from customers on account 9. Recorded depreciation expense of $1,000 for the month on the equipment REQUIRED 1 Prepare journal entries to record each of the transactions listed above. Use the journal entry template on page 2 2 Post the above transactions to the T-accounts on page 3. Assume that the opening balancesfor each accounts is zero. 3 Prepare an unadjusted trial balance from the ending account balances