The following is the post-closing trial balance for the WhitlowManufacturing Corporation as of December 31, 2020.

AccountTitle	Debits			Credits
Cash		5,800
Accountsreceivable		2,800
Inventory		5,800
Equipment		11,800
Accumulateddepreciation					4,300
Accountspayable					3,800
Accruedliabilities					0
Commonstock					10,000
Retainedearnings					8,100
Salesrevenue					0
Cost of goodssold		0
Salariesexpense		0
Rentexpense		0
Advertisingexpense		0
Totals		26,200			26,200

The following transactions occurred during January 2021:

Jan.		1		Sold merchandisefor cash, $4,300. The cost of the merchandise was $2,800. Thecompany uses the perpetual inventory system.
		2		Purchasedequipment on account for $6,300 from the Strong Company.
		4		Received a $100invoice from the local newspaper requesting payment for anadvertisement that Whitlow placed in the paper on January 2.
		8		Sold merchandiseon account for $5,800. The cost of the merchandise was $3,600.
		10		Purchasedmerchandise on account for $9,900.
		13		Purchasedequipment for cash, $700.
		16		Paid the entireamount due to the Strong Company.
		18		Received $5,600from customers on account.
		20		Paid $700 to theowner of the building for January’s rent.
		30		Paid employees$3,800 for salaries for the month of January.
		31		Paid a cash dividend of $1,000 to shareholders.

1. & 3. Enter the beginning balances as ofJanuary 1, 2021 and post the entries to T-accounts.

4. Prepare an unadjusted trial balance as ofJanuary 31, 2021.