On December 1, 2022 Sandhill Co. had the following account balances. During December, the company completed the following transactions. Dec. 7 Received $3,640 cash from customers in payment of account (no discount allowed). 12 Purchased merchandise on account from Green Co. $12,400, terms 1/10,n/30. 17 Sold merchandise on account $16,900, terms 2/10,n/30. The cost of the merchandise sold was $10,200. 19 Paid salaries $1,800. During December, the company completed the following transactions. Dec. 7 Received $3,640 cash from customers in payment of account (no discount allowed). 12 Purchased merchandise on account from Green Co. $12,400, terms 1/10,n/30. 17 Sold merchandise on account $16,900, terms 2/10,n/30. The cost of the merchandise sold was $10,200. 19 Paid salaries $1,800. 22 Paid Green Co. in full, less discount. 26 Received collections in full, less discounts, from customers billed on December 17. 31 Received $2,670 cash from customers in payment of account (no discount allowed). Date Account Titles and Explanation Debit Credit Accounts Receivable Dec12 Inventory Accounts Payable Dec. 17 Accounts Recelvable Sales Revenue. (To record sales revenue) Dec. 17 : Cost of Good Inventory (To record cost of goods sold) Dec. 19 * Salaries and Wages Expense 1800 Dec19 Salaries and Wages Expense Cash Dec.22* Accounts Payable Irventory Dec 26 Cash Sales Discounts: Accounts Receivable