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, $$2,900.$ The cost of the inventory was $$1,400.$ The company uses the

perpetual inventory system.

January $2$

Purchased equipment on account for $$4,900$ from the Strong Company. The full amount is due in $15$

days.

January $4$ Received a $$200$ invoice from the local newspaper requesting payment for an advertisement that

Whit low placed in the paper on January $2.$

January $8$ Sold inventory on account for $$4,400.$ The cost of the inventory was $$2,200.$

January $10$ Purchased inventory on account for $$9,200.$

January $13$ Purchased equipment for cash, $$900.$

January $16$ Paid the entire amount due to the Strong Company.

January $18$ Received $$4,000$ from customers on account.

January $20$ Paid $$900$ to the owner of the building for January's rent.

January $30$ Paid employees $$2,400$ for salaries for the month of January.

January $31$ Paid a cash dividend of $$900$ to shareholders.

Required:

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.