Some of the ledger accounts for the Sanderson Hardware Company are listed below. For each of the October 2018 tr numbered 1 through 12 below, indicate which accounts should be debited and which should be credited. The company uses perpetual inventory system. Assume that appropriate adjusting entries were r Equipment Cash Accounts payable Accounts receivable Supplies expense Retained earnings Deferred revenue Cost of goods sold Prepaid rent Note payable Rent expense Salaries and wage expense Inventory Supplies Sales revenue Common stock Salaries and wages payable Interest expense Example: Purchased inventory for cash Cash Inventory 1. Paid a cash dividend 2. Paid rent for the next three months. 3- Sold goods to customers on account (To record sale of goods to customers) bSold goods to customers on account (To record cost of goods sold to customers) 4. Purchased inventory on account 5. Purchased supplies for cash 6. Paid employee salaries and wages for September 7 Issued common stock in exchange for cash 8 Collected cash from customers for goods sold in 3 9 Borrowed cash from a bank and signed a note 0 2