Enter the December 1 balances in the ledger T- Accounts and post the December transactions.

During December, the company completed the following summary transactions. Dec 6 Paid\$1,600 for salaries and wages due emgloyees, of which $600 is for December and $1.000 is for November sataries and wages payabl 8 Received \$1,900 cash from customers in pwenent of account (no discount allowed). 10 Sold merchandise for cash $6,400. The cost of the merchandise sold was $4,100. 13 Purchased merchandice on account from Hecht Ca. $9.300, ternx 2/10,n/30. 15 Purchased eipplies for cash 52.100 . 18. Sddd menchandhe on account 512,100 , terms 210,N/A. The cost of the merchandise sold was 36,100 . 20 Paid calaries wakes $1,900. 23 PaidHecht Co in full, less discount 27. Recelved collectians in tule, iecs discount, from cuttomers bised on Deemmber 18. Adiustment data: 1. Accrued salaries and wazes payable $800. 2. Depreciation $200 per month. 3. Suppties on hand $1,400. Requirements: 1. Journalize the December transactions using a perpetual inventory system 2. Enter the December 1 balances in the ledger T-accounts and post the December transactions. Use Cost of Goods Sold, Depreciation Expense, Salaries and Wages Expense, Sales Revenue, Sales Discounts, and Supplies Expense. 3. Journalize the adjusting entries 4. Post the adjusting entries 5. Prepare an adjusted trial balance 6. Prepare an income statement for December 7. Prepare an retained earnings statement for December 8. Prepare a classified balance sheet at December 31