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On December 1,2022 , Wildhorse Distributing Company had the following account balances. During December, the company completed the following summary transactions. Dec, 6 Paid $1,600

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On December 1,2022 , Wildhorse Distributing Company had the following account balances. During December, the company completed the following summary transactions. Dec, 6 Paid $1,600 for salaries due employees, of which $600 is for December and $1,000 is for November salaries payab 8 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $7,400. The cost of the merchandise sold was $5,500. 13 Purchased merchandise on account from Hecht Co, $10,200, terms 2/10,n/30. 15 Purchased supplies for cash $2,000. 18 Sold merchandise on account $15,300, terms 3/10,n/30. The cost of the merchandise sold was $10,100. 20 Paid salaries $3,100, 20 Paid salaries $3,100. 23 Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. (a) Journalize the December transactions using a perpetual inventory system. (Credit account titles are automatical amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter of

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