Question 2 On December 1, 2017. Rodriguez Distributing Company had the following account balances. Credit Cash Accounts Receivable Inventory Supplies Equipment Debit $ 7,200 4,600 12.000 1,200 22.000 $47.000 Accumulated Depreciation- Equipment Accounts Payable Salaries and Wages Pavable Owner's Capital $ 2.200 4.500 1.000 39300 $47.000 During December, the company completed the following sunman transactions Dec. 6 Paid $1.600 for salaries and wages due employees, of which S600 is for December and $1.000 is for November salaries and wages pavable 8 Received $2,200 cash from customers in payment of account (no discount allowed) 10 Sold merchandise for cash $6,300. The cost of the merchandise sold was 1.100. 13 Purchased merchandise on account from Bachm Co $9.000. terms 2:10, 1030, 15 Purchased supplies for cash $2.000 18 Sold merchandise on account $15.000, ferma 3/10,n30. The cost of the merchandise old was $10,000 20 Paid salaries and wages $ 1.800. 23 Paid Boehm Co, in full, less discount 27 Received collections in full less discounts from customers billed on December is pavable 5840 Question 2 On December 1, 2017. Rodriguez Distributing Company had the following account balances. Credit Cash Accounts Receivable Inventory Supplies Equipment Debit $ 7,200 4,600 12.000 1,200 22.000 $47.000 Accumulated Depreciation- Equipment Accounts Payable Salaries and Wages Pavable Owner's Capital $ 2.200 4.500 1.000 39300 $47.000 During December, the company completed the following sunman transactions Dec. 6 Paid $1.600 for salaries and wages due employees, of which S600 is for December and $1.000 is for November salaries and wages pavable 8 Received $2,200 cash from customers in payment of account (no discount allowed) 10 Sold merchandise for cash $6,300. The cost of the merchandise sold was 1.100. 13 Purchased merchandise on account from Bachm Co $9.000. terms 2:10, 1030, 15 Purchased supplies for cash $2.000 18 Sold merchandise on account $15.000, ferma 3/10,n30. The cost of the merchandise old was $10,000 20 Paid salaries and wages $ 1.800. 23 Paid Boehm Co, in full, less discount 27 Received collections in full less discounts from customers billed on December is pavable 5840
