D E F G H M Debit 11,750.00 On December 1, 2022, Divine Distributing Company had the following account balances Cash Accounts Receivable Credit Note Receivable 6,240.00 Accumulated Depreciation-Equipment t 8,000.00 Accounts Payable 8,700 00 9.850.00 Inventory 8,250.00 Unearned Service Revenue 2,500.00 Supplies 1,800.00 Prepaid Rent 50,000.00 Equipment 10 23,100.00 34.950.00 1,730.00 Salaries and Wages Payable 13,000.00 Common Stock 47,000.00 Retained Earnings 34.950.00 During December, the company completed the following transactions 2 Dec 33 14 35 37 39 20. 33 " 14 35 Adjustment date 6 Paid sooo for salaries and wages due employees, of which $1,200 is for December and $1,800 was accrued in November to salaries and wages payable. 7 $250 of defective merchandise was returned from a November 10, 2022 sale on account 8 Received $3,240 cash from customers in payment of account (no discount allowed) 30 Sold merchandise for cash sil, 200. The cost of the merchandise sold was $4,700. (a entries required) 13 Purchased merchandise on account from Hecht Co. 45,700, terms 3/30, n/so 15 Purchased supplies for cash $1450.00 18 Sold merchandise on account $15,700, terms 3/so, n/go. The cost of the merchandise sold was sl200 30 Paid salaries and wages $2,100 as Paid $3,500 in advance for next year's annual insurance 33 Paid Hecht Co. in full, less discount 32 Received collections in full, less discounts, from ontomers billed on December all 30 Received soo from customers for services to be preformed in the future sy Purchase Equipment on account for $2,000 Accrued salaries and wages payable were $1,150 at the end of the month 37. Depreciation was slys per month Supplies on hand were se General Journal Accounts 19. One month of interest me should be reconded on the sooo Note Receivable at an APS of 6% Problem Trial Balance Adjusting Entries Financial Statements Post Clie