Question 1 20 pts . Halogen Laminated Products Company began business on January 1, 2019. During January, the following transactions occurred: Jan. 1 Issued common stock in exchange for $116,000 cash. 2 Purchased inventory on account for $29,000 (the perpetual inventory system is used). 4. Paid an insurance company $1,680 for a one-year insurance policy. 10 Sold merchandise on account for $11,400. The cost of the merchandise was $6,400. 15 Borrowed $24,000 from a local bank and signed a note. Principal and interest at 10% is to be repaid in six months. Paid employees $5,400 salaries and wages for the first half of 20 the month Sold merchandise for $9.400 cash. The cost of the 22 merchandise was $5,400. 24 Paid $14,400 to suppliers for the merchandise purchased on January 2. 26 Collected $5,700 on account from customers. 28 Paid $1,100 to the local utility company for January gas and electricity 30 Paid $3,400 rent for the building. $1,700 was for January rent, and $1,700 for February rent. 1. Prepare general journal entries to record each transaction. 2. Prepare an unadjusted trial balance as of January 30, 2019