5. Chloe's Fashion Store had these transactions during September 2019. Prepare general journal entries to record the transactions using FIFQ inventory recording. September 1 Chloe opened the store and invests $20,000 cash and $10,000 worth of furniture into the company September 1 Prepaid $4,800 for 12-months insurance premium September 3 Purchased 5 designer bags at $700 each and 10 laptop bags for $150 each on credit with discount terms 5/10, n/30 September 6 Chloe paid for the transaction on September 3 September 8 Sold 6 laptop bags for $500 each September 10 The customer from September 8th came back and returned 1 of the bags September 12 Chloe paid $600 for advertising September 13 Chloe purchased 5 more laptop bags at $120 each this time September 15 Chloe withdrew $1,000 for personal use September 15 Paid 2 employees salaries $1,200 per person September 19 A customer purchased 10 laptop bags and 1 designer bag September 20 The customer who purchased the laptop bags on September 19th came back and made payment for 5 more laptop bags September 23 Chloe ordered 10 more laptop bags from the supplier at $120 each on credit and delivered the bags to the customer. September 29 Paid $550 for utilities September 30 Chloe needs to pay 2 employees salaries $1,200 per person but the bank system is closed for the weekend