Clubsand A32 A Alignment tuber On December 3, 2022, Divine Distributing Company had the following account balances Cach Accounts Receivable 5 Nute Receivable Inventory 7 Supplies 10 Prepaid Rent Equipment Debit 31,750.00 6,240 00 Accumulated Depreciation-Equipment 1,000.00 Accounts Payable 8,350 oo Uneamed Service Revenue 1,710 00 Salaries and Wages Payable 13,000.00 Common Stock 42,000.00 Retained Earnings 94.950.00 33 During December, the company completed the following transactions 22 Dec 14 35 16 17 D Cred ,700 00 3,850 ou 3,500.00 1,000.00 50,000'00 23,100 00 94.950.00 H 6 Pads 3ooo for salanes and wages due employees of which $1,200 for December and $1,500 was accrued in November to salaries and wages payable 7sago of defective merchandise was returned from a November 30,032 sale on account Received $2,340 cash from customers in payment of account (no discount allowed) 10 Sold merchandise for cash $5,200 The cost of the merchandise sold was $4,700 (2 entries required) 33 Purchased merchandise on account from ht Co $500 terms aho, no 35 Purchased supples for cash $450.00 10 Sold merchandise on account $35.00, terms 30, 30. The cost of the perchandise sold was $0.200 20 Paid salanes and wages $1,100 21 Paid $1,600 in advance for next year's annual insurance 130 Problem General Joumal Ading Entres Post Closings Samtivity