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on december 1 , 2 0 2 2 , skysong, inc. had the following account balances. 5 . 6 2 / 1 0 debit credit
on december skysong, inc. had the following account balances. debit credit cash $ accumulated depreciationequipment $ notes receivable accounts payable accounts receivable common stock inventory retained earnings prepaid insurance $ equipment $ during december, the company completed the following transactions. dec. received $ cash from customers in payment of account no discount allowed purchased merchandise on account from vance co $ terms n sold merchandise on account $ terms n the cost of the merchandise sold was $ paid salaries $ paid vance co in full, less discount. received collections in full, less discounts, from customers billed on december received $ cash from customers in payment of account no discount allowed prepare classified balance at december st
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