On December 1, 2022, Splish Brothers Inc. had the following account balances. Debit Credit Cash $7,400 Accumulated Depreciation-Equipment $2,200 Accounts Receivable 4,700 Accounts Payable 4,500 Inventory 11,900 Salaries and Wages Payable 1,000 Supplies 1,300 Common Stock 29,000 Equipment 22,000 Retained Earnings 10,600 $47,300 $47,300 During December, the company completed the following summary transactions. Paid $1,600 for salaries and wages due employees, of which $600 is for December and $1,000 is for November salaries and wages payable. Dec. 6 8 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6.400. The cost of the merchandise sold was $4,100. 13 Purchased merchandise on account from Hecht Co. $9,300, terms 2/10, n/30. 10 13 13. 15 15 18 20 20 22 23 Sold merchandise for cash $6,400. The cost of the merchandise sold was $4,100. Purchased merchandise on account from Hecht Co. $9,300, terms 2/10, n/30. Purchased supplies for cash $2,100. Sold merchandise on account $12,100, terms 3/10, n/30. The cost of the merchandise sold was $8,100. Paid salaries wages $1,900. Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. Adjustment data: 1. Accrued salaries and wages payable $800. 2. Depreciation $200 per month. 3. Supplies on hand $1,400. Enter the December 1 balances in the ledger T-accounts and post the December transactions. Use Cost of Goods Sold, Depreciation Expense, Salaries and Wages Expense, Sales Revenue, Sales Discounts, and Supplies Expense. (Post entries in the order of journal entries presented above. For accounts with a zero balance select "12/31 Bal." from the list and enter on the normal balance side for that account and enter "O" for the amount.) Cash Accounts Receivable. Accounts Receivable Inventory Supplies Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Common Stock > < Retained Earnings Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense