4. Halogen Laminated Products Company began business on January 1, 2023. During January, the following transactions occurred: January 1 Started the business with cash of RM112,000 as capital. 2 Purchased inventory on credit for RM33,000 4 Paid an insurance company RM2,160 for a one-year insurance policy. 10 Sold inventory on account for RM11,800. 15 Borrowed RM28,000 from a local bank. 20 Paid employees RM5,800 salaries for the first half of the month. 22 Sold inventory for RM9,800 cash. 24 Paid RM14,800 to suppliers for the inventory purchased on January 2. 26 Collected RM5,900 on account from customers. 28 Paid RM1,000 to the local utility company for January gas and electricity. 30 Paid RM3,800 rent for the building. 4. Halogen Laminated Products Company began business on January 1, 2023. During January, the following transactions occurred: January 1 Started the business with cash of RM112,000 as capital. 2 Purchased inventory on credit for RM33,000 4 Paid an insurance company RM2,160 for a one-year insurance policy. 10 Sold inventory on account for RM11,800. 15 Borrowed RM28,000 from a local bank. 20 Paid employees RM5,800 salaries for the first half of the month. 22 Sold inventory for RM9,800 cash. 24 Paid RM14,800 to suppliers for the inventory purchased on January 2. 26 Collected RM5,900 on account from customers. 28 Paid RM1,000 to the local utility company for January gas and electricity. 30 Paid RM3,800 rent for the building