this is an adjusting entry

Post adjusting entries. (Post entries in the order of journal entries presented above.) 12/1 Bal 12/8 12/10 Cash 7,600 12/6 1,800 12/15 6,900 12/20 12,125 12/23 14.799 1,600 1,700 1,800 8,526 12/27 12/31 Bal. 12/1 Bal. 12/18 Accounts Receivable 5,600 12/8 12,500 12/27 3,800 1,800 12,500 12/31 Bal. 12/1 Bal. 12/13 Inventory 11,500 12/10 8,700 12/18 12/23 7.526 4,200 8,300 174 12/31 Bal. Supplies 12/1 Bal. 1,400 12/15 1,700 12/1 Bal. 12/31 Bal Equipment 23,100 23.100 lui Accumulated Depreciation-Equipment 12/1 Bal. 2,310 v 12/23 Accounts Payable 8,700 12/1 Bal. 12/13 12/31 Bal. 4,800 8.700 4,800 Salaries and Wages Payable 1,000 12/1 Bal 12/6 1,000 Owner's Capital 12/1 Bal. 12/31 Bal. 41,090 41,090 Sales Revenue 12/10 12/18 12/31 Bal. 6.900 12.500 19,400 12/27 12/31 Bal Sales Discounts 375 375 Cost of Goods Sold Sales Revenue 12/10 12/18 12/31 Bal. 6.900 12,500 19,400 12/27 12/31 Bal. Sales Discounts 375 375 12/10 12/18 12/31 Bal. Cost of Goods Sold 4,200 8,300 12,500 Depreciation Expense Salaries and Wages Expense 600 12/6 12/20 1.800 Supplies Expense Adjustment data: 1. 2. 3 Accrued salaries and wages payable $550. Depreciation $210 per month. Supplies on hand $1,500 Journalize adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Salaries and Wages Expense Dec. 31 * 550 Salaries and Wages Payable 550 Dec. 31 Depreciation Expense 210 Accumulated Depreciation Equipment 210 Dec 31 Supplies Expense 1.600 Supplies 1.600 Enter the December 1 balances in the ledger T-accounts and post the December transactions. (Post entries in the order of entries presented above. If the balance is zero (O), select date from drop down and enter for the amount in the column for the ne balance for that account.) Cash 12/1 Bal 7,600 12/6 1,600 12/8 1,800 12/15 1.700 12/10 6.900 12/20 1,800 12/27 5 12.125 12/23 8,526 12/31 Bal 14.799 Accounts Receivable 12/1 Bal 5,600 12/8 1.800 12/18 12,500 12/27 12,500 12/31 Bal v 3,800 12/1 Bal > Inventory 11.500 12/10 s 4,200 12/13 8,700 12/18 8,300 12/23 174 12/31 Bai 7.526 Supplies 12/13 1.400 12/15 v 1,700 2 12/31 Bal. 3,100 Equipment 12/1 Bal. 23,100 1 12/31 Bal. 23,100 Accumulated Depreciation-Equipment 12/1 Bal. 2,310 12/31 2,310 Accounts Payable 12/23 8,700 12/1 Bal 4,800 12/13 8,700 12/31 Bal. 4,800 Salaries and Wages Payable 1216 1.000 12/1 Bal 1.000 Owner's Capital 12/1 Bal 41,090 12/31 Bal 41,090 Sales Revenue 4200 12/6 1.000 12/1 Bal 1,000 Owner's Capital 12/1 Bal. 41,090 12/31 Bal. 41,090 Sales Revenue 12/10 v 6.900 12/18 12,500 12/31 Bal. 19,400 Sales Discounts 12/27 375 12/31 Bal 375 Cost of Goods Sold 12/10 4200 12/18 > 8,300 12/31 Bal 12.500 Salaries and Wages Expense 600 1216 12/20 1,500 12/31 BA 2.400 On December 1, 2020, Crane Distributing Company had the following account balances. Cash Accounts Receivable Inventory Supplies Equipment Debit $7,600 5,600 11,500 1,400 23,100 $49,200 Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Owner's Capital Credit $2,310 4,800 1,000 41,090 $49,200 During December, the company completed the following summary transactions. Dec. Paid $1,600 for salaries and wages due employees, of which $600 is for December and $1,000 is for November salaries 6 and wages payable. 8 Received $1,800 cash from customers in payment of account (no discount allowed) 10 Sold merchandise for cash $6,900. The cost of the merchandise sold was $4,200. 13 Purchased merchandise on account from Boehm Co $8,700, terms 2/10,n/30. 15 Purchased supplies for cash $1.700. 18 Sold merchandise on account $12,500, terms 3/10, n/30. The cost of the merchandise sold was $8,300. 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 18