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This is urgent!!!! Based on the given journal entries of January 2022, Please explain the details of the transactions that the Company might have experienced.

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image text in transcribedimage text in transcribedBased on the given journal entries of January 2022, Please explain the details of the transactions that the Company might have experienced.

Jan 9 ADMIN Expenses BANKS 2,000.00 2,000.00 Jan11 BANKS TRADE RECEIVABLES 15,000.00 15,000.00 Jan13 TRADE PAYABLES BANKS 45,000.00 45,000.00 Jan 14 GIVEN CHEQUES TRADE RECEIVABLES 50,000.00 50,000.00 Jan19 MACHINERY AND EQUIPMENTS 6,000.00 BANK LOANS - Credit Cards 6,000.00 tan21 TRADE RECEIVABLES LT SALES 50,000.00 50,000.00 Jan21 COGS INVENTORIES 35,000.00 35,000.00 Jan 29 Marketing Expenses BANKS 4,000.00 4,000.00 Jan31 ADMIN Expenses PREPAID EXPENSES 2,000.00 2,000.00 Jan31 ADMIN Expenses 20,000.00 Payables to employees 16,000.00 Taxes Payable 4,000.00 \begin{tabular}{l|r} \multicolumn{2}{c}{ BANKS } \\ \hline \#\#\#\#\#\#\# & 2,000 \\ 15,000 & 45,000 \\ \#\#\#\#\#\# & 4,000 \\ \#\#\#\#\# & 51,000 \end{tabular} BANK LOANS LT REGISTERED CAPITAL \begin{tabular}{l} \hline \#\#\#\#\#\# \\ \#\#\#\#\#\#\# \end{tabular} \#\#\#\#\#\# \begin{tabular}{c|r} EPAID EXPENSES (Re \\ \hline 20,000 & 2,000 \\ \hline 20,000 & 2,000 \\ \hline \end{tabular} \begin{tabular}{c|c} \multicolumn{2}{c}{ TRADE RECEIVABLES } \\ \hline 50,000 & \\ 50,000 & \end{tabular} \begin{tabular}{l|r|r} \multicolumn{3}{c}{ TAXES PAYABLE } \\ \hline & 4,000 & \\ \cline { 3 - 4 } & & \end{tabular}

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