The following transactions occurred during January 2021:

Jan.		1		Sold merchandise for cash, $2,600. The cost of the merchandise was $1,100. The company uses the perpetual inventory system.
		2		Purchased equipment on account for $4,600 from the Strong Company.
		4		Received a $200 invoice from the local newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2.
		8		Sold merchandise on account for $4,100. The cost of the merchandise was $1,900.
		10		Purchased merchandise on account for $9,050.
		13		Purchased equipment for cash, $900.
		16		Paid the entire amount due to the Strong Company.
		18		Received $4,000 from customers on account.
		20		Paid $900 to the owner of the building for Januarys rent.
		30		Paid employees $2,100 for salaries for the month of January.
		31		Paid a cash dividend of $900 to shareholders.

Problem 2-2 (Algo) Part 2

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.)