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.

Required 1:

Journal entry 1-13

Required 2:

Required 3:

Journal entry worksheet 7 Issued common stock in exchange for $110,000 cash. Note: Enter debits before credits. Post the transactions to the appropriate T-accounts. Prepare an unadjusted trial balance as of January 30, 2024