Current Attempt in Progress On December 1, 2025, Carla Vista Company had the account balances shown below. Debit Credit Cash $4,390 Accumulated Depreciation-Equipment $1,400 Accounts Receivable 3,560 Accounts Payable 2,940 Inventory 1,920 Common Stock 9,400 Equipment (22,600)/() Retained Earnings 18,730 $32,470 Inventory =(3,200 xx$0.60) The following transactions occurred during December. Dec. 3 Purchased 4,200 units of irventory on account at a cost of $0.76 per unit. 5 Sold 4,600 units of inventory on account for $0.90 per unit. (Carla Vista sold 3,200 of the $0.60 units and 1,400 of the $0.76 units.) 7 Granted the December 5 customer $180 credit for 200 units of inventory returned costing $152. These units were returned to inventory. 17 Purchased 2.200 u

Enter the December 1 balances in the ledger T-accounts and post the December transactions. (Post entries in the order of journal

entries presented above.)

Cash, account receivable, inventory, equipment, accumulated depreciation-Equipment, accounts payable, salaries and Wages payable, income taxes payable, common stock, retained earnings, sales revenue, cost of goods sold, depreciation expense, salaries and Wages expense, sales returns and allowances, income tax expense