On December 1, 2022. Tamarisk, Inc had the following account balances, Debit Credit Cash $17.800 Accumulated Depreciation-Equipment $2,900 Notes Receivable 2.500 Accounts Payable 6,200 Accounts Receivable 7.100 Common Stock 52,400 Inventory 15.900 Retained Earnings 11,000 Prepaid Insurance 1,600 $72,500 Equipment 27,600 $72,500 During December, the company completed the following transactions. Dec. 7 12 17 19 Received $3,600 cash from customers in payment of account (no discount allowed). Purchased merchandise on account from Vance Co. $12.900. terms 1/10,n/30. Sold merchandise on account $16,300, terms 2/10,n/30. The cost of the merchandise sold was $9.200. Paid salaries $2.100 Paid Vance Co. in full less discount. Received collections in full, less discounts, from customers billed on December 17. Received $2,800 cash from customers in payment of account (no discount allowed). 22 26 31 Adjustment data: 1 Depreciation was $200 per month. Insurance of $400 expired in December. 2 (b) Enter the December 1 balances in the ledger Taccounts and post the December transactions. (Post entries in the order of journal entries presented in the previous port) Cash > Notes Receivable Accounts Receivable Inventory Prepaid insurance Equipment Accumulated Depreciation-Equipment V Accounts Payable V N Common Stock Retained Earnings Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense