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Halogen Laminated Products Company began business on January 1 , 2 0 2 4 . During January, the following transactions occurred: January 1 Issued common

Halogen Laminated Products Company began business on January 1,2024. During January, the following transactions occurred:
January 1 Issued common stock in exchange for $110,000 cash.
January 2 Purchased inventory on account for $45,000(the perpetual inventory system is used).
January 4 Paid an insurance company $3,600 for a one-year insurance policy. Prepaid insurance was debited for the entire amount.
January 10 Sold inventory on account for $13,000. The cost of the inventory was $8,000.
January 15 Borrowed $40,000 from a local bank and signed a note. Principal and interest at 10% is to be repaid in six months.
January 20 Paid employees $7,000 salaries for the first half of the month.
January 22 Sold inventory for $11,000 cash. The cost of the inventory was $7,000.
January 24 Paid $16,000 to suppliers for the inventory purchased on January 2.
January 26 Collected $6,500 on account from customers.
January 28 Paid $1,100 to the local utility company for January gas and electricity.
January 30 Paid $5,000 rent for the building. $2,500 was for January rent, and $2,500 for February rent. Prepaid rent and rent expense were debited for their appropriate amounts.
Required:
Prepare general journal entries to record each transaction.
Post the transactions to the appropriate T-accounts.
Prepare an unadjusted trial balance as of January 30,2024.
Pleaese help me with Required 1, Required 2, and Required 3. Please make it easy to understand. Thank you.

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