On December 1, 2022, Larkspur, Inc. had the following account balances. Debit Credit Cash $6,800 Accumulated Depreciation-Equipment $2,200 Accounts Receivable 4,500 Accounts Payable 4,300 Inventory 11,900 Salaries and Wages Payable 1,000 Supplies 1,200 Common Stock 28,000 Equipment 22,000 Retained Earnings 10,900 $46,400 $46,400 Dec. 6 During December, the company completed the following summary transactions. Paid $1,700 for salaries and wages due employees, of which $700 is for December and $1,000 is for November salaries and wages payable. 8 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6,600. The cost of the merchandise sold was $4,000. 13 Purchased merchandise on account from Hecht Co. $9,400, terms 2/10, n/30. 15 Purchased supplies for cash $2.000. 18) Sold merchandise on account $12,100, terms 3/10, n/30. The cost of the merchandise sold was $8.100.