On December 1, 2022, Tamarisk, Inc. had the following account balances. Cash Accounts Receivable Inventory Supplies Equipment Debit $7,100 4,800 11,900 1,300 22,000 $47,100 Accumulated Depreciation-Equipment Accounts Payable A Salaries and Wages Payable Common Stock Retained Earnings a Credit $2,200 4,500 900 30,000 9,500 $47,100
On December 1, 2022, Tamarisk, Inc. had the following account balances. Adjustment data: 1. Accrued salaries and wages payable $900. 2. Depreciation $200 per month. 3. Supplies on hand $1,400. Dec 10 v Cash 6,900 Sales Revenue (To reord sales revenue.) Cost of Goods Sold Inventory 4.3x (To record cost of goods sold.) Dec. 13 v Inventory Accounts Payable Dec. 15 Supplies 2.100 Cash During December, the company completed the following summary transactions. Dec. Paid $1,400 for salaries and wages due employees, of which $500 is for December and $900 is for November salaries and 6 wages payable. 8 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6,000. The cost of the merchandise sold was $4,300. 13 Purchased merchandise on account from Hecht Co. $9,300, terms 2/10,n/30. 15 Purchased supplies for cash $2,100. 18 Sold merchandise on account $12,300, terms 3/10,n/30. The cost of the merchandise sold was $7,800. 20 Paid salaries wages $1,800. 23 Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. Imventory 7.8x (To record cost of goods sold.) Dec20 Salaries and Wages Expense 1800 Casin Dec23 Accounts Payable Inventory Cash Dec. 27 Cash Sales Discounts. Accounts Receivable Accounts Payable Dec. 15 Supplies Cash Dec18 Accounts Receivable 12,300 Sales Revenue (To record the sales revenue.) Cost of Goods Sold 7.800 Inventory (To record cost of goods sold.) Dec20 Salaries and Wages Expense 1.800 \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline \multirow[t]{5}{*}{Dec6} & Salaries and Wages Expense & 500 & \\ \hline & & & \\ \hline & Sataries and Wages Payable & 900 & \\ \hline & & & - \\ \hline & cash & & 1.4 \\ \hline \multirow[t]{2}{*}{Dec8} & Cash & 1,900 & \\ \hline & Accounts Receivable & & 1,9 \\ \hline \multirow[t]{2}{*}{Dec10} & Cash & 6,900 & \\ \hline & Sales Revenue & & 6,90 \\ \hline \end{tabular} The parts of this question must be completed in order. This part will be avaliable when you complete the part above. (c1) The parts of this question must be completed in order. This part will be available when you complete the part above. (c2) The parts of this question must be completed in order. This part will be available when you complete the part above