Question 1 of 1 1100 On December 1, 2025, Carla Vista Company had the account balances shown below. Debit . Credit Cash $4,390 Accumulated Depreciation-Equipment $1,400 Accounts Receivable 3,560 Accounts Payable 2,940 Imventory 1,920 Common Stock 9,400 Equipment 22,600 Retained Earnings 18,730 $32,470 $32,470 Inventory =(3,200 xx$0,60) The following transactions occurred during December. Dec. 3 Purchased 4,200 units of inventory on account at a cost of $0.76 per unit. 5 Sold 4,600 units of inwentory on account for $0.90 per unit. (Carla Vista sold 3,200 of the $0.60 units and 1,400 of the $0.76 units] 7 Granted the December $ customer $180 credit for 200 units of inventory returned costing $152. These units were returned to inwentory. 17 Purchased 2,200

On December 1, 2025, Carla Vista Company had the account balances shown below. Inventory =(3,200$0.60) The following transactions occurred during December. Dec. 3 Purchased 4,200 units of inventory on account at a cost of $0.76 per unit. 5 Sold 4,600 units of inventory on account for $0.90 per unit. (Carla Vista sold 3,200 of the $0.60 units and 1,400 of the $0.76 units.) 7 Granted the December 5 customer $180 credit for 200 units of inventory returned costing $152. These units were returned to inventory. 17 Purchased 2,200 units of inventory for cash at $0.80 each. 22 Sold 2,000 units of inventory on account for $0.99 per unit. (Carla Vista sold 2,000 of the $0.76 units.) Adjustment data: 1. Accrued salaries and wages payable $330. 2. Depreciation on equipment $190 per month. 3. Income tax expense was $230, to be paid next year. Income Taxes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold (c) 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.)