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Because Natalie has had such a successful first few inonths, she is considering other opportunities to develop her business, One opportunity is to become the exclusive distributor of a line of fine European mers. The current cost of a mier is approximately $550, and Natalie would sell each one for $1,100. Natalie comes to you for advice on how to account for these mixers. Each appliance has a serial number and can be easily identihed. In the end, Natalie decides to use the perpetual method of accounting for inventory, and the following transactions happen during the month of January Jan 4 6 2 8 12 She buys five deluxe mixers on account from Kzinski Supply Co. for $2.750 terms 11/30 She pays $100 freight on the January 4 purchase. Natalie returns one of the mixers to Krinski because it was damaged during shipping Krinski Issues Cookie Creations credit for the cost of the mixer plus $20 for the cost of freight tipt was paid on January 6 for one mixer She collects the amount due from the neighborhood community center that was accrued at the end of December 20120. She sells three delike mixers on account for $3.300, FOB destination, terms w/ 30. The mixers cost $570 each (including freight) Natalie pays her cell phone bill previously accrued in the December adjusting journal entries. She pas 575 of delivery charges for the three mixers that were sold on January 12 She buys four deluwemeers on account from Krinske Supply Co. for $2.200, terms 1/30 Natalie is concerned that there is not enough cash available to pay for all of the mixers purchased. She issues additional 13 14 14 12 common stock for $1.000 18 She Days 580 freight on the January 14 purchase 18 20 28 She pays $80 freight on the January 14 purchase. She sells two deluxe mixers for $2,200 cash. Natalle issues a check to her assistant. Her assistant worked 20 hours in January and is also paid for the amount accrued at December 31, 2020. Recall that Natalie's assistant earns $8 an hour. Natalie collects amounts due from customers from the January 12 transaction She pays Kzinski all amounts due Cash dividends of $750 are paid 28 31 31 Cash 51.340 1.450 400 1.100 D 1.200 $40 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Website Accounts Payable Interest Payable Salaries and Wages Payable Unearned Service Revenge 575 75 23 56 360 Notes Payable 2.000 Common Stock 800 500 5,450 125 856 Dividends Service Revenue Utilities Expense Salaries and Wages Expense Supplies Expense Depreciation Expense Amortization Expense Interest Expense Insurance Expense 1,070 40 25 23 100 $8,804 $8,804 Prepare the January 2021 transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the accou'} titles and enter for the amounts. Record journal entries in the order presented in the problem Debit Credit Date Account Titles and explanation and inventory 2750 Accounts Payable 100 Inventory Canh 570 an Accounts Payable -/10 E an Accounts Payable 570 Inventory No Entry I No Entry Jan 12 Accounts Receivable 3.300 Sales Revenue (To record sales revenue) Cost of Goods Sold Jan 12 1710 Se (To record sales revenue) Jan 12 Cost of Coonho 1110 Inventory (To record cost of goods sold) Noy No Entry 25 Frucht Out Canti Tony Jan 20 Cath Inventory KE I (To record sales revenue) No Entry Jan 20 No Entry (To record cost of goods sold) (To record Natalie's assistant payment details) (To record amounts due from customers) (To record payments made to Kzinski) (To record cash dividends paid) (62) The parts of this question must be completed in order. This part will be wallable when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d 1 ) The arts of this question must be completed in order. This part will be available when you complete the part above (d2) The parts of this question must be completed in order. This part will be available when you complete the part above, (e) The parts of this question must be completed in order. This part will be available when you complete the part above. (11) The parts of this question must be completed in order. This part will be available when you complete the part above (f2) The parts of this question must be completed in order. This part will be available when you complete the part above, (12) The parts of this question must be completed in order. This part will be available when you complete the part above, The parts of this question must be completed in order. This part will be available when you complete the part above