On December 1, 2014, Boline Distributing Company had the following account balances.

		Debit				Credit
Cash		$7,520		Accumulated DepreciationEquipment		$2,211
Accounts Receivable		5,340		Accounts Payable		4,580
Inventory		11,820		Salaries and Wages Payable		1,110
Supplies		1,240		Common Stock		14,980
Equipment		22,110		Retained Earnings		25,149
		$48,030				$48,030

During December, the company completed the following summary transactions.

Dec. 6		Paid $1,640 for salaries due employees, of which $530 is for December and $1,110 is for November salaries payable.
8		Received $1,940 cash from customers in payment of account (no discount allowed).
10		Sold merchandise for cash $6,740. The cost of the merchandise sold was $3,950.
13		Purchased merchandise on account from Gong Co. $8,600, terms 2/10, n/30.
15		Purchased supplies for cash $1,740.
18		Sold merchandise on account $12,700, terms 3/10, n/30. The cost of the merchandise sold was $8,160.
20		Paid salaries $1,970.
23		Paid Gong 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