story Boolcmarks People Window Help xChapter 2 Homework xC Chegg Study Order Contirmati x connect.mhed htm omework Saved Help Save &Exit Check my Halogen Laminated Products Company began business on January 1, 2018. During January, the following transactions occurred Jam. 1 aased common stock in exchange for $113,000 cash 2 Purehased inventory on account for 32,000 (the perpetosl investory systen is uaed) 4 Taid an insarance company $2,040 for a one-year insarance poliey 10 Bold merchandise on account for $11,700. The cost of the merehandise vas $6,700. is Dorrowed 527,00 froma local bank and signed a note. Prineipal and interest at 10s is to be repaid in ix 20 raid employees 5,700 22 soldmerchandise for t9,700 cash. The eoet ot the "erchandite was $5.700. 24 Paid $14,700 to uppliers for the merchandise parehased on Jasuary 2 26 Collected $5,850 on account from eustoners 28 Paid 1,100 to the locai vtility company for Jauary ga and electrieity salaries and vages for the first half of the month. aid 3,700 rent for the baiiding. $1,850 vaa for January rent, and $1,850 for February rent Required 1. Prepare general journal entries to record each transaction 2. Post the transactions into the appropriate T-accounts 3. Prepare an unadjusted trial balance as of January 30, 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare general journal entries to record each transaction. (f no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) Prex 2 of 3 Next >