Debit Cash Accounts Receivable Inventory Supplies Equipment $6,800 4,200 11,600 1,200 22.000 $45,800 Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Credit $2,200 4,100 1,000 15.000 23,500 $45,800 During December, the company completed the following summary transactions Dec. 6 8 10 13 15 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). Sold merchandise for cash $5,900. The cost of the merchandise sold was $4,000. Purchased merchandise on account from Hecht Co. $7,200, terms 2/10./30. Purchased supplies for cash $2,000. Sold merchandise on account $10,800, terms 3/10, 1/30. The cost of the merchandise sold was $7.100. Paid salaries $1,600 Paid Hecht Co. in full, less discount. Received collections in fullless discounts, from customers billed on December 18. 18 20 23 27 Adjustment data: 1. 2. Accrued salaries payable $600. Depreciation $200 per month. Supplies on hand $1,500. Income tax due and unpaid at December 31 is $300. 3. 4. Income Statement For the Month Ended December 31, 2022 $ S