The following transactions occurred during March 2024 for the Right Corporation. The company operates a wholesale warehouse. 1. Issued 47,000 shares of no-par common stock in exchange for $470,000 in cash. 2. Purchased equipment at a cost of $57,000. Cash of $18,500 was paid and a note payable to the seller was signed for the balance owed. 3. Purchased inventory on account at a cost of $112,000. The company uses the perpetual inventory system. 4. Credit sales for the month totaled $205,000. The cost of the goods sold was $87,000. 5. Paid $6,700 in rent on the warehouse building for the month of March. 6. Paid $7,700 to an Insurance company for fire and liability Insurance for a one-year period beginning April 1, 2024. 7. Paid $87,000 on account for the inventory purchased in transaction 3. 8. Collected $72,000 from customers on account. 9. Recorded depreclation expense of $2,700 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. Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero. Note: Enter the number of the transaction in the column next to the amount. Complete this question by entering your answers in the tabs below. Prepare a trial balance from the ending account balances