Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred: Jan. 8.33 points 1 Issued common stock in exchange for $117,000 cash. 2 Purchased inventory on account for $28,000 (the perpetual inventory system is used) - Paid an insurance company $1,560 for a one-year insurance policy. Prepaid insurance was debited for the entire amount. 10 Sold merchandise on account for $11,300. The cost of the merchandise was $6,300. Borrowed $23,000 from a local bank and signed a note. Principal and interest at 10$ is to be repaid in six 15 months. eBook 20 Paid employees $5,300 salaries for the first half of the month. 22 Sold merchandise for $9,300 cash. The cost of the merchandise was $5,300. 24 Paid $14,300 to suppliers for the merchandise purchased on January 2. 26 Collected $5,650 on account from customers. 28 Paid $1,200 to the local utility company for January gas and electricity. 30 Paid $3,300 rent for the building. $1,650 was for January rent, and $1,650 for February rent. Prepaid rent and rent expense were debited for their appropriate amounts. Print References 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare general journal entries to record each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 ..... 13 > Issued common stock in exchange for $117,000 cash. Note: Enter debits before credits. General Journal Debit Credit Date Jan 01, 2021 Record entry Clear entry View general journal 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 Complete this question by entering your answers in the tabs below. Required Required Required Post the transactions into the appropriate T-accounts. (Enter the date of the transaction in the column next to the amount.) Accounts Receivable Beg bal Beg bal Fnd hal Inventory Prepaid Insurance Bog. bal. Beg. bal. End. bal. Fnd hal Prepaid Rent Accounts Payable Bog, bal. Beg bal. End. bal. End. bal. Notes Payable Common Stock Beg bal. Beg. 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 Beq. bal End. bal End. bal. Utilities Expense Beg bal End, bal Required: 1. Prepare general journal entries to record each transaction 2. Post the transactions into the appropriate Taccounts. 3. Prepare an unadjusted trial balance as of January 30, 2021 Complete this question by entering your answers in the tabs below. Required Required Required Prepare an unadjusted trial balance as of January 30, 2021. HALOGEN LAMINATED PRODUCTS COMPANY Unadjusted Trial Balance January 30, 2021 Account Title Debits Credits Issued common stock in exchange for $117,000 cash. Note: Enter debits before credits. General Journal Debit Credit Date Jan 01, 2021 Record entry Clear entry View general journal 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 Complete this question by entering your answers in the tabs below. Required Required Required Post the transactions into the appropriate T-accounts. (Enter the date of the transaction in the column next to the amount.) Accounts Receivable Beg bal Beg bal Fnd hal Inventory Prepaid Insurance Bog. bal. Beg. bal. End. bal. Fnd hal Prepaid Rent Accounts Payable Bog, bal. Beg bal. End. bal. End. bal. Notes Payable Common Stock Beg bal. Beg. 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 Beq. bal End. bal End. bal. Utilities Expense Beg bal End, bal Required: 1. Prepare general journal entries to record each transaction 2. Post the transactions into the appropriate Taccounts. 3. Prepare an unadjusted trial balance as of January 30, 2021 Complete this question by entering your answers in the tabs below. Required Required Required Prepare an unadjusted trial balance as of January 30, 2021. HALOGEN LAMINATED PRODUCTS COMPANY Unadjusted Trial Balance January 30, 2021 Account Title Debits Credits