Selected balance sheet Information for the Wolf Company at November 30, and December 31, 2021, is presented below. The company uses the perpetual Inventory system and all sales to customers are made on credit. 8.33 points Nov. 30 Debits Credits 10,300 Dec. 31 Debits Credits 3,300 eBook Nccounts receivable Prepaid insurance Inventory Accounts payable Salaries payable 5,300 7,300 7,900 6,300 12,300 15,300 Print 5,300 3,300 Referenc The following cash flow Information also is available: a. Cash collected from credit customers, $83,000 b. Cash paid for Insurance, $5.300. C. Cash paid to suppliers of Inventory. $63,000 (the entire accounts payable amounts relate to Inventory purchases). d. Cash paid to employees for salaries, $10,300. Required: 1. Determine the following for the month of December: 2. Prepare summary journal entries to record the month's sales and cost of those sales. Complete this question by entering your answers in the tabs below. Required Required Determine the following for the month of December: a. Sales revenue b.ICost of goods sold c. linsurance expense d. Salaries expense Required 1 Required 2 > Required: 1. Determine the following for the month of December 2. Prepare summary journal entries to record the month's sales and cost of those sales. Complete this question by entering your answers in the tabs below. Required Required Prepare summary journal entries to record the month's sales and cost of those sales. (If no entry is required for a particular event, select "No journal entry required in the first account field.) Show less View transaction list Journal entry worksheet Record the sales for the month of December. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal