Requirement 1. Journalize and post the December transactions. Compute each account balance, and denote the balance as Bal. Identify each accounts payable and accounts receivable with the vendor or customer name. Begin by journalizing the December transactions. (Round to the nearest whole dollar. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Dec. 2: Purchased 800 units of inventory for $8,000 on account from Sweep and Glow, Co. on terms, 1/10, n/20. Date Dec. 2 Accounts and Explanation Debit Credit Mrs. Clean Cleaning's post-closing trial balance at November 30, 2017, is as follows: (Click the icon to view the post-closing trial balance.) Mrs. Clean Cleaning has decided that, in addition to providing cleaning services, it will sell cleaning products. Mrs. Clean uses the perpetual inventory system. During December 2017, Mrs. Clean completed the following transactions: (Click the icon to view the transactions.) Read the requirements. Reference Account Title Cash Accounts Receivable Cleaning Supplies Prepaid Rent Prepaid Insurance Equipment Truck Mrs. Clean Cleaning Post-Closing Trial Balance November 30, 2017 Accumulated Depreciation-Equipment and Truck Accounts Payable Unearned Revenue Interest Payable Notes Payable (Long-term) Hayman, Capital Total Balance Debit Credit $ 55,850 1,200 50 900 2,200 7,400 4,000 190 2,170 14,375 80 24,000 30,785 $ 71,600 $ 71,600 More info Dec. 2 Purchased 800 units of inventory for $8,000 on account from Sweep and Glow, Co. on terms, 1/10, n/20. 5 Purchased 300 units of inventory from Dirterator on account with terms 5/10, n/30. The total invoice was for $3,900, which included a $300 freight charge. 7 Returned 200 units of inventory to Sweep and Glow from the December 2 purchase (cost $2,000). 9 Paid Dirterator. 11 Sold 550 units of goods to No Mess Left Hehind for $8,250 on account with terms 5/10, n/30. Mrs. Clean's cost of the goods was $5,500. 12 Paid Sweep and Glow. 15 Received 30 units with a retail price of $450 of goods back from customer No Mess Left Hehind. The goods cost Mrs. Clean $300. 21 Received payment from No Mess Left Hehind, settling the amount due in full. 28 Sold 100 units of goods to Annelyse, Inc. for cash of $1,900 (cost $988). 29 Paid cash for utilities of $300. 30 Paid cash for Sales Commission Expense of $279. 31 Recorded the following adjusting entries: a. Physical count of inventory on December 31 showed 260 units of goods on hand, $3,224 b. Depreciation, $190 c. Accrued salaries expense of $800 d. Prepared all other adjustments necessary for December (Hint: You will need to review the adjustment information from November to determine the remaining adjustments). Assume the cleaning supplies left at December 31 are $50