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During December 2022, the company completed the following summary transactions: Dec 1. Paid $250 rent expense for December Dec. 6 Paid 61,200 for salaries and

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During December 2022, the company completed the following summary transactions: Dec 1. Paid $250 rent expense for December Dec. 6 Paid 61,200 for salaries and wages payable due employees from November. Dec, 8 Received C1,800 cash from customers in collection of account (no discount allowed). Dec. 10 sold merchandise for cash 65,000 . The cost of the merchandise sold was 63,100 . Dec. 13 Purchased merchandise on account from 5aturn Ca. 68,000 , terms 2/10, n/30. Dec. 15 Purchased supplies for cash 63,000 Dec. 18 Sold merchandise on account 615,000 , terms 3/10,n/30. The cost of the merchandise sold was 67,400 . Dec. 22 Paid salaries and wages 61,400 Dec. 23 Paid Satum Co, in full, less discount. Dec. 27 Received collections in full, less discounts, from customers billed on December 18. Adjustment data: 1. Accrued salaries and wages payable 000 . 2. Depreciation 6300 per month. 3. Supplies on hand 61,500 . Required: a. Analyze the transactions based on the source documents provided using a tabular form. b. Journalize the December transactions using a perpetual inventory system, c. Enter the December 1 balances in the ledger T-accounts and post the December transactions. Additional accounts: Cost of Goods Sold, Depreciation Expense, Rent Expense, Salaries and Wages Expense, Sales Revenue, Sales Discounts, and Supplies Expense. d. Journalize and post the adjusting entries to the ledger. e. Prepare an adjusted trial balance as of December 31, 2022. f. Prepare an income statement and a retained earnings statement for December and a classified statement of financial position as of December 31, 2022. g. Journalize the closing entries and prepare a post-closing trial balance

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