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Required Information

$[$The following information applies to the questions displayed below.$]$

The following is the post$-$closing trial balance for the Whitlow Manufacturing Corporation as of December $31,2023.$

The following transactions occurred during January $2024.$

January $1$ Sold inventory for cash, $$3,300.$ The cost of the inventory was $$1,800.$ The company uses the perpetual inventory system.

January $2$ Purchased equipment on account for $$5,300$ from the strong company. The full amount is due in $15$ days.

January $4$ Received a $$150$ invoice from the local newspaper requesting payment for an advertisement that whitlow placed in the paper on January $2.$

January $8$ Sold inventory on account for $$4,800.$ The cost of the inventory was $$2,600.$

January $10$ Purchased inventory on account for $$9,400.$

January $13$ Purchased equipment for cash, $$800.$

January $16$ Paid the entire amount due to the strong company.

January $18$ Received $$3,800$ from custoners on account.

January $20$ Paid $$800$ to the owner of the building for January's rent.

January $30$ Paid employees $$2,800$ for salaries for the month of January.

January $31$ Paid a cash dividend of $$1,200$ to shareholders.

Required:

$2.$ Prepare general journal entries to record each transaction.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" In the first account fleld.

Journal entry worksheet