1. Accrued salaries payable $800.
2.		Depreciation $200 per month.
3.		Supplies on hand $1,500.
4.		Income tax due and unpaid at December 31 is $100.

Journalize the adjusting entries.

Post the above adjusting entries. (Post entries in the order of journal entries presented above.)

On December 1, 2022, Sunland Distributing Company had the following account balances. Debit Credit Cash $8,000 Accumulated Depreciation-Equipment $2,200 Accounts Receivable 5,400 Accounts Payable 5,300 Inventory 12,800 Salaries and Wages Payable 1,000 Supplies 1,200 Common Stock 15,000 Equipment 22,000 Retained Earnings 25,900 $49,400 $49,400 During December, the company completed the following summary transactions. Dec. 6 Paid $1,600 for salaries due employees, of which $600 is for December and $1,000 is for November salaries payable. Received $1,900 cash from customers in payment of account (no discount allowed). 8 10 Sold merchandise for cash $7,100. The cost of the merchandise sold was $5,200. Purchased merchandise on account from Hecht Co.$9,600, terms 2/10, n/30. 13 15 Purchased supplies for cash $2,000. 18 Sold merchandise on account $14,400, terms 3/10,n/30. The cost of the merchandise sold was $9,500. Paid salaries $2,800. 20 23 Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18