Required information [The following information applies to the questions displayed below] On January 1, 2024, the general ledger of Freedom Fireworks includes the following account balances: During January 2024, the following transactions occur: January 1 Borrom $112,000 from Captive credit Corporation. The installinent note beara internst at 61 bere annually and matures in 5 yeark. Payments of $2,165 are required at the end of each inonth for 60 . montha. January 4 Receive $32,200 from customers on accounts receivable. January 10 pay cash on acoounti payable, $23,000. January 15 pay eash for salaries, $30,100. January 30 Pirework sales for the month total $201,000. The coit of the units soid is 31 pay the first monthly Installment of $2,165 related the $112,000 borrowed on January 1 . Required: 1. Record each of the transactions listed above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)