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.)

Comprehensive Problem 5 (Part Level Submission) On December 1, 2017, Prosen Distributing Company had the following account balances. Debit Credit Accumulated Cash $7,500 Depreciation $2,640 Equipment Accounts Accounts Receivable 4'600 Payable 4'900 Salaries and Inventory 12,400 Wages 1,000 Payable . Common Supplies 1,400 Stock 30,000 Equipment 26,400 Realm\" 13,750 Earnings $52,300 $52,300 During December, the company completed the following summary transactions. Dec. 6 Paid $1,300 for salaries and wages due employees, of which $800 is for December and $1,000 is for November salaries and wages payable. 3 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6,300. The cost of the merchandise sold was $4,200. 13 Purchased merchandise on account from Maglio Co. $8,900, terms 2/10, n/30. 15 Purchased supplies for cash $1,800. 13 Sold merchandise on account $12,600, terms 3/10, n/30. The cost of the merchandise sold was $8,200. 20 Paid salaries and wages $1,500. 23 Paid Maglio Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. Journalize the December transactions using a perpetual inventory system. (Credit acco indent manually.) Date Account Titles and Explanation Debit Credit Dec. 6 Salaries 1000 Salaries 800 Cash 1800 Dec. 8 v Cash 1900 Account 1900 Dec. 10 V Cash 6800 Sales Re 6800 (To record sales revenue.) Dec. 10 V Cost of G 4200 Invento 4200 (To record cost of goods sold.) Dec. 13 v Inventory 8900 Account 8900 Dec. 15 v Supplies 1800 Cash 1800 Dec. 18 v Accounts 12600 Sales Re 12600 (To record the sales revenue.) Dec. 18 V Cost of 8200 Invento 8200 (To record cost of goods sold.) Dec. 20 V Salaries 1500 Cash 1500 Dec. 23 V Accounts 8900 Cash 8722 Invento 178 Dec. 27 Cash 12222 Sales Dis 378 Account 12600