15 Book Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred: Jan. 1 Issued common stock in exchange for $103,000 cash. 2 Purchased inventory on account for $38,000 (the perpetual inventory system is used). 4 Paid an insurance company $2,768 for a one-year insurance policy. Prepaid insurance was debited for the entire amount. 10 Sold merchandise on account for $12,300. The cost of the merchandise was $7,300. Borrowed $33,000 from a local bank and signed a note. Principal and interest at 18% is to be repaid in six months. 20 Paid employees $6,300 salaries for the first half of the month. 22 Sold merchandise for $10,300 cash. The cost of the merchandise was $6,300. 24 Paid $15,300 to suppliers for the merchandise purchased on January 2. 26 Collected $6,150 on account from customers. 28 Paid $1,000 to the local utility company for January gas and electricity. 30 Paid $4,300 rent for the building. $2,158 was for January rent, and $2,150 for February rent. Prepaid rent and rent expense were debited for their appropriate amounts. 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, 2021. o erences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Post the transactions into the appropriate T-accounts. (Enter the date of the transaction in the column next to the amount.) Accounts Receivable Bog, bal Bog, bal 171 11/10 11/15 11/26 Cash 12,300 1/4 1/20 1/24 1/22 Prev 1 of 8 !!! Next > Required 1 Required 2 Required 3 Post the transactions into the appropriate T-accounts. (Enter the date of the transaction in the column next to the amount.) Cash Accounts Receivable Beg. bal. Beg. bal 1/1 1/4 1/10 12,300 1/15 1/20 11/26 1/22 (1/26 1/28 1/30 End, bal End, bal 12,300 1/24 es Inventory Prepaid Insurance Beg. bal Beg. bal End, bal End. bal. Prepaid Rent Accounts Payable Beg, bal Beg. bal End, bal. End, bal Notes Payable Common Stock Ben hal Ban hal Prev 1 of 8 !!! Next > Notes Payable Common Stock Beg. bal. Beg. bal. End. bal. End. bal. Sales Revenue Cost of Goods Sold Beg. bal Beg. bal. End, bal End. bal. Salaries Expense Rent Expense Beg. bal. Beg. bal. End. bal. End. bal. Utilities Expense Beg. bal. End. bal. Required Revid Prev 1 of 8 Next >