Retro Productions Ltd$.$ is a Vancouver$-$based furniture manufacturer. The company reported the following information on its trial balance for $11$ months of the year ended November $30,2021.$RETRO PRODUCTIONS LIMITEDTrial BalanceNovember $30,2021$DebitCreditCash$$421,100$Accounts receivable$1,390,000$Inventory$2,780\mathrm{.}000$Supplies$39,000$Prepaid rent$14,000$Equipment$1,350,000$Accumulated depreciation$-$equipment$$35,625$Accounts payable$1,230,000$Deferred revenue$96,000$Bank loan payable$-$non$-$current$1,240,000$Common shares$600,000$Retained earnings$1,239,275$Dividends declared$120,000$SalesCost of goods soldAdvertising expenseFreight outOffice expenseRent expenseSalaries expenseTravel expenseUtilities expenseInterest expenseIncome tax expense$16,457,2009\mathrm{.}174,000405,000980,00078,000154,0003,436,00046,00061,00070,000380,000$$$20,898,100$$$20,898,100$Retro reported the following transactions for the month of December. The company uses a perpetual inventory system and owned $10,000$ units of inventory on December $1.$Dec. $1$Received $$315,000$ on account from a major customer$\mathrm{.}1$Paid $$14,000$ in rent for the month of December$\mathrm{.}4$ Paid $$375,000$ owing to a supplier from a purchase made in November$\mathrm{.}6$ Sold $4,200$ units of merchandise to a Canadian furniture retailer for $$2,121,000$ on credit, FOB shipping point$\mathrm{.}15$ Purchased $6,000$ units of merchandise from a supplier at a cost of $$290$ per unit on credit, FOB shipping point$\mathrm{.}18$Paid salaries of $$125,000\mathrm{.}21$Sold $8,000$ units of merchandise for $$4,092,000$ on account, FOB shipping point$\mathrm{.}24$Paid $$32,000$ for advertising expenses incurred in the month$\mathrm{.}27$ Purchased $5,000$ units of inventory from a supplier at a cost of $$300$ per unit on credit, FOB shipping point.Post the general journal entries prepared in part $($a$).$