The following transactions occurred during January 2021: Jan. 1 Sold merchandise for cash, $3,500. The cost of the nerchandise was $2,009. The company uses the perpetual inventory system. 2. Purchased equipent on account for $5, see froe the Strong Coepany. 4 Received a $150 invoice from the loca1 newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2 . 8 Sold merchandise on account for $5,090. The cost of the merchandise was $2,800. 19 Purchased merchandise on account for $9,560. 13 Purchased equipanent for cash, $860. 16 Paid the entire anount due to the Strong Conpany. 18 Received $4,600 fron customers on account. 20 Paid $80e to the ouner of the building for January's rent. 30 Paid employees $3,060 for salaries for the month of January. 31 Paid a cash dividend of $1,690 to shareholders. Required: 2. Prepare general journal entries to record each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1. \& 3. Enter the beginning balances as of January 1, 2021 and post the entries to T-accounts. (Enter the dote of the transaction in the column next to the omount.) 4. Prepare an unadjusted trial balance as of January 31,2021. The following transactions occurred during January 2021: Jan. 1 Sold merchandise for cash, $3,500. The cost of the merchandise was $2,008. The company uses the perpetual inventory systen. 2. Purchased equipment on account for $5,500 from the Strong Conpany. 4 Received a $150 involce 10 Purchased merchandise on account for $9,500. 13 Purchased equipoent for cash, \$500, 16 Paid the entire amount due to the Strong Conpany. 18 Received 54,009 fron custoaers on account. 28 Paid 5800 to the owner of the bullding for January's rent. 38 Paid employees 53 , ee0 for salarles for the month of january. 31 Paid a cash dividend of 52,000 to shareholders