Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred: Jan. 1 Issued common stock in exchange for $120,000 cash. 2 Purchased Inventory on account for $25,000 (the perpetual inventory system is used). Paid an insurance company $2,200 for a one-year Insurance policy. Prepaid insurance was debited for the entire amount. 10 Sold merchandise on account for $11,000. The cost of the merchandise was $5,000. 15 Borroved $20,000 from a local bank and signed a note. Principal and interest at 104 is to be repaid in six months. 20 Paid employees $5,000 salaries for the first half of the month. 22 Sold merchandise for $9,000 cash. The cost of the merchandise was $5,000. 24 Paid $14,000 to suppliers for the merchandise purchased on January 2. 26 Collected $5,500 on account from customers. 28 Paid $1,200 to the local utility company for January gas and electricity. 30 Paid $3,000 rent for the building. $1,500 was for January rent, and $1,500 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