Required information [The following information applies to the questions displayed below.] The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2023. The following transactions occurred during January 2024 : January 1 Sold inventory for cash, $4,100. The cost of the inventory was $2,600. The company uses the perpetual inventory system. January 2 Purchased equipment on account for $6,100 fron the Strong Company. The full anount is due in 15 January 4 Received a $150 invoice from the local newspaper requesting payment for an advertisement that January 8 Sold inventory on account for $5,600. The cost of the inventory was $3,460. January 10 Purchased inventory on account for $9,800. January 13 Purchased equipment for cash, $800. January 16 Paid the entire amount due to the Strong Company. January 18 Received $5,200 from customers on account. January 20 Paid $800 to the owner of the building for Januart's rent. January 30 Paid employees $3,600 for salaries for the month of January. January 31 Paid a cash dividend of $1,000 to sharehotders. Required: 2. Prepare general journal entries to record each transaction. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Note: Enter debits before credits