Problem General Journal T Accounts Trial Balance Adjusting Entries Financial Statements ACRS On December 1, 2022 Divine Distributing Company had the following account balances Cash Accounts Receivable Note Receivable ventory Supplies Prepaid Hert Equipment Debit 9,200.00 5400.00 Accumulated Depreciation-Equipment 6000.00 Accounts Payable 10.700.00 Uneamed Service Revenue 1500.00 Salaries and Wages Payable 9600.00 Common Stock 21,000.00 Retained Eaming 63.40000 During December, the company completed the following transactions Dec Adustment date Credit 4.200.00 7.100.00 21000 1.200.00 1800000 30.800.00 63400.00 Paid $2,200 for salaries and wages due employees, of which $1000 is for December and $1,200 was accrued November to salaries i 7 $300 of merchandon was returned from a November 30 2022 sale on accoun 10 Received $1.800 cash from customers in pement of account the discount allowed) Sold merchandise for cash $9,100 The cost of the merchandise sold was $5.000 13 Purchased merchandise on account from Heche Co $7500 terms 2/10/10 IS Purchased supplies for cash $1,800 18 Sold merchandise on account $14.000 terms 1010 The cost of the merchandise sold was $7.500 20 Paid salaries and wage $2,400 21 Paid $2,400 in advance for next year's annual insurance 23 Paid Hecht Co in A less discount 27 Received colections in Sut less discounts, from customers billed on December 28 Received $500 from customers for services to be prformed in the Stre 29 Pechase Equpment on account for $1200 Accued salaries and wages payable were $850 at the end of the month 2 Depreciation was $460 per month 3 Supples on hand were $1,300 4. One month of entered income should be recorded on the $6000 Note Recevable at an APR of 5% 5 Services were preformed to satdy $1200 of the uneamed revenue December's prepaid rent has been soed (annual amount was $9600 as recorded in Prepaid Rent) Reged Complete each tab of the Excel Worksheet General journal all transactions in December), map into T Accounts (dd any if necessary) prepare Trial Balance perpee the abuting entries (1-6 above) Prepare Financial Statements in good form (step income statement, statement of retained eamings balance sheet prepare the closing entries prepare the required ratio computations