Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred Jan. 1 Issued common stock in exchange for $100,000 cash. 2 Purchased inventary on account for $35,000 (the perpetual inventory system is used). 4 Poid an Insurance company $2,400 for a one-year insurance policy. Prepaid insurance was debited for the entire amount. 10 Sold merchandise on account for $12,000. The cost of the merchandise was $7,000. 15 Borrowed 530,000 from a local bank and signed a note. Principal and interest at 10% is to be repaid in six months. 20 Paid employees 56,000 salaries for the first half of the sonth. 22 Sold merchandise for $10,000 cash. The cost of the merchandise was 56,000. 24 Paid $15,000 to suppliers for the merchandise purchased on January 2. 26 collected 56,000 on account from customers. 28 paid $1,000 to the local utility company for January gas and electricity. 30 Paid $4,000 rent for the building. $2,000 was for January rent, and $2,000 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 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.) Gash Accounts Receivable Beg bal Beg bal 1111 1/15 (1/22 1/26 1/10 1/26 1/4 1/20 1/24 1/28 1/30 End, bal End bal Inventory Prepaid Insurance Beg bal Beg bal 12 11/10 114 End bal End, bal bu RON Accounts Payable Beg bal. Beg bail End bal End bal Notis Payable Common Stock Beg bal Beg bal End bal End bal Sales Revenge Cost of Goods Sold Bog bal Beg bal End bal End 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 Prepare an unadjusted trial balance as of January 30, 2021. HALOGEN LAMINATED PRODUCTS COMPANY Unadjusted Trial Balance January 30, 2021 Account Title Debits Credits Totals $ 0 $