On December 1, 2022,CullumberDistributing Company had the following account balances.

Debit

Credit

Cash$6,400Accumulated DepreciationEquipment$2,200Accounts Receivable3,800Accounts Payable3,700Inventory11,200Salaries and Wages Payable1,000Supplies1,200Common Stock15,000Equipment22,000Retained Earnings22,700$44,600$44,600

During December, the company completed the following summary transactions.

Dec. 6Paid $1,600for salaries due employees, of which $600is for December and $1,000is for November salaries payable.8Received $1,900cash from customers in payment of account (no discount allowed).10Sold merchandise for cash $5,500. The cost of the merchandise sold was $3,600.13Purchased merchandise on account from Hecht Co. $6,400, terms 2/10, n/30.15Purchased supplies for cash $2,000.18Sold merchandise on account $9,600, terms 3/10, n/30. The cost of the merchandise sold was $6,300.20Paid salaries $1,200.23Paid Hecht Co. in full, less discount.27Received collections in full, less discounts, from customers billed on December 18.

Enter the December 1 balances in the ledger T-accounts and post the December transactions.(Post entries in the order of journal entries presented above.)