Provide the appropriate journal entries for the following transactions. If no journal entry is required please indicate so.

Event Date Description of Event 01/02/2019 NSC placed a purchase order with Hampton Sporting Goods (HSG) to purchase raw materials. The purchase order total is $165,000. The shipping cost is estimated $850. NSC gets free shipping if the total order value is higher than $100,000. NSC follows n/30 payment term with HSG 01/02/2019 NSC received raw materials from Suffolk Sports Heaven (SSH). The 2 order for the raw materials was placed on December 21st. SSH didn't have enough inventory to deliver this product immediately. However SSH had the manufacturing schedule for this product and promised to deliver the products within 1st week of January. The purchase order total was $98,000 for this order. NSC follows n/30 payment term with SSH 01/03/2019 NSC paid $112,000 for the raw materials that they received from 3 HSG on December 28, 2018 01/03/2019 John Brothers in Richmond, VA ordered $347,000 of Basket Pole 4 Pad from NSC. The Bikes Pole Pad cost NSC $210,000. The shipping cost for this order is estimated $1750 and NSC pays the shipping charge to the freight company when the product is shipped 01/04/2019 Andy Sports in Chester, VA made a payment of $62,500 to NSC via 5 bank transfer for the Basketball bag that they received from NSC on December 28, 2018 01/04/2019 NSC received a payment of 19,800 from Elizabeth Sports in 6 Elizabeth City, NC for the balance due on their account 01/04/2019 NSC sent one of their staffs to Staples to pick offices supplies, the 7 order for which was placed with Staples using Staples's online order platform. The order was placed for $785 of office supplies. NSC purchases on credit from Staples and makes payment within 10 days NSC determines supplies expense at the end of the month. 01/07/2019 NSC's business is growing. To support this new business NSC is 8 planning to recruit some new employees. To accommodate the newly recruited employees, NSC made some renovations in their office complex. As part of the renovation plan, NSC placed a purchase order with Wayfair for $24,000 office furniture. They are expecting to receive the furniture in two weeks. NSC established a payment term of n/30 with Wayfair. 01/07/2019 Andy Sports in Chester, VA placed order for $196,800 of Basketball Bag with NSI. The Basketball Bag cost NSC $114,600. The shipping cost for this order is estimated $1250. NSC offers free shipping for its customers when the order value is higher than $200,000 01/08/2019 NSC received the raw materials from HSG for the order placed on 10 January 2nd. NSC also received the invoice for this order 01/09/2019 NSC made the payment for office supplies that they purchased on 11 January 7th 01/09/2019 NSC shipped the products to John Brothers for the order that they 12 received on January 3rd 01/14/2019 NSC pays its employees twice a month. The pay dates are 16th and 13 30th of the month. For February it's the last day of the month. NSC accrues salaries and wages expense two working days prior to the payment day. Today is the day for NSC to estimate salaries and wages expenses. NSC estimated that the total salaries and wages payment for the pay date on 16th is $78,200 01/14/2019 NSC made the payment for the raw materials received on January 8th. 14 01/14/2019 NSC made a payment of $134,000 to SSH for the products that they 15 received on December 29th. 01/15/2019 NSC shipped the products for the order that Andy Sports placed with 16 NSC on January 7th 01/15/2019 Jenny Sports in Huntington, WV has a due balance of $74,800 from 17 their purchases in 2018 from NSC. They made the full payment of their due balance 01/16/2019 John Brothers made the payment via bank transfer for the products 18 that they purchased from NSC. NSC shipped the products to John Brothers on January 9th 01/16/2019 NSC paid its employees today. (We are ignoring payroll taxes for this 19 project) 01/18/2019 NSC received the office furniture today from Wayfair. They placed the order with Wayfair on January 7th Due to increased business growth, NSC is considering increasing 21 01/18/2019 their production. In line with this plan, NSC rented a warehouse to keep their raw materials. They will start using newly rented warehouse from February 1st,2019. NSC paid $8,775 as six month's advance rent to use this warehouse. 01/21/2019 NSC made a payment of $42000 for the raw materials that they received from SSH on January 2nd 01/23/2019 Procurement manager of Sheldon sports, NC paid a visit to NSC facility. They are very impressed with the quality of NSC products. They entered into an agreement with NSC to purchase Basketball products from NSC. 20 23 01/24/2019 NSC pays federal income taxes quarterly basis. They paid the due 24 taxes for the quarter ended on December 31st, 2018 01/28/2019 NSC accrues salaries and wages expenses for the last half of the 25 month. The next pay date is on 30"" January. There are no changes in the employees (no new employee was hired, and no existing employee left.) The total salaries and wages expenses should be the same as the last pay date 01/30/2019 NSC paid the employees today. 26 Event Date Description of Event 01/02/2019 NSC placed a purchase order with Hampton Sporting Goods (HSG) to purchase raw materials. The purchase order total is $165,000. The shipping cost is estimated $850. NSC gets free shipping if the total order value is higher than $100,000. NSC follows n/30 payment term with HSG 01/02/2019 NSC received raw materials from Suffolk Sports Heaven (SSH). The 2 order for the raw materials was placed on December 21st. SSH didn't have enough inventory to deliver this product immediately. However SSH had the manufacturing schedule for this product and promised to deliver the products within 1st week of January. The purchase order total was $98,000 for this order. NSC follows n/30 payment term with SSH 01/03/2019 NSC paid $112,000 for the raw materials that they received from 3 HSG on December 28, 2018 01/03/2019 John Brothers in Richmond, VA ordered $347,000 of Basket Pole 4 Pad from NSC. The Bikes Pole Pad cost NSC $210,000. The shipping cost for this order is estimated $1750 and NSC pays the shipping charge to the freight company when the product is shipped 01/04/2019 Andy Sports in Chester, VA made a payment of $62,500 to NSC via 5 bank transfer for the Basketball bag that they received from NSC on December 28, 2018 01/04/2019 NSC received a payment of 19,800 from Elizabeth Sports in 6 Elizabeth City, NC for the balance due on their account 01/04/2019 NSC sent one of their staffs to Staples to pick offices supplies, the 7 order for which was placed with Staples using Staples's online order platform. The order was placed for $785 of office supplies. NSC purchases on credit from Staples and makes payment within 10 days NSC determines supplies expense at the end of the month. 01/07/2019 NSC's business is growing. To support this new business NSC is 8 planning to recruit some new employees. To accommodate the newly recruited employees, NSC made some renovations in their office complex. As part of the renovation plan, NSC placed a purchase order with Wayfair for $24,000 office furniture. They are expecting to receive the furniture in two weeks. NSC established a payment term of n/30 with Wayfair. 01/07/2019 Andy Sports in Chester, VA placed order for $196,800 of Basketball Bag with NSI. The Basketball Bag cost NSC $114,600. The shipping cost for this order is estimated $1250. NSC offers free shipping for its customers when the order value is higher than $200,000 01/08/2019 NSC received the raw materials from HSG for the order placed on 10 January 2nd. NSC also received the invoice for this order 01/09/2019 NSC made the payment for office supplies that they purchased on 11 January 7th 01/09/2019 NSC shipped the products to John Brothers for the order that they 12 received on January 3rd 01/14/2019 NSC pays its employees twice a month. The pay dates are 16th and 13 30th of the month. For February it's the last day of the month. NSC accrues salaries and wages expense two working days prior to the payment day. Today is the day for NSC to estimate salaries and wages expenses. NSC estimated that the total salaries and wages payment for the pay date on 16th is $78,200 01/14/2019 NSC made the payment for the raw materials received on January 8th. 14 01/14/2019 NSC made a payment of $134,000 to SSH for the products that they 15 received on December 29th. 01/15/2019 NSC shipped the products for the order that Andy Sports placed with 16 NSC on January 7th 01/15/2019 Jenny Sports in Huntington, WV has a due balance of $74,800 from 17 their purchases in 2018 from NSC. They made the full payment of their due balance 01/16/2019 John Brothers made the payment via bank transfer for the products 18 that they purchased from NSC. NSC shipped the products to John Brothers on January 9th 01/16/2019 NSC paid its employees today. (We are ignoring payroll taxes for this 19 project) 01/18/2019 NSC received the office furniture today from Wayfair. They placed the order with Wayfair on January 7th Due to increased business growth, NSC is considering increasing 21 01/18/2019 their production. In line with this plan, NSC rented a warehouse to keep their raw materials. They will start using newly rented warehouse from February 1st,2019. NSC paid $8,775 as six month's advance rent to use this warehouse. 01/21/2019 NSC made a payment of $42000 for the raw materials that they received from SSH on January 2nd 01/23/2019 Procurement manager of Sheldon sports, NC paid a visit to NSC facility. They are very impressed with the quality of NSC products. They entered into an agreement with NSC to purchase Basketball products from NSC. 20 23 01/24/2019 NSC pays federal income taxes quarterly basis. They paid the due 24 taxes for the quarter ended on December 31st, 2018 01/28/2019 NSC accrues salaries and wages expenses for the last half of the 25 month. The next pay date is on 30"" January. There are no changes in the employees (no new employee was hired, and no existing employee left.) The total salaries and wages expenses should be the same as the last pay date 01/30/2019 NSC paid the employees today. 26