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On December 1, 2022, Splish Brothers Inc. had the following account balances. During December, the compary completed the following summary transactions. Dec. Paid $1 ,

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On December 1, 2022, Splish Brothers Inc. had the following account balances. During December, the compary 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 $1.900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6 , 400 . The cost of the merchandise sold was $4 , 100 . 13 Purchased merchandise on account from Hecht Co , $9 , 300 , terms 2/10 , n /30 : 10 Sold merchandise for cash $6 , 400 . The cost of the merchandise sold was $4 , 100 . 13 Purchased merchandise on account from Hecht Co. $9 , 300 , terms 2/10 , n /30 . 15 Purchased supplies for cash $2 , 100. 18 Sold merchandise on account $12 , 100 , terms 3/10 , n /30 . The cost of the merchandise sold was $8 , 100 . 20 Paid salaries wages $1 , 900 . 23 Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. Adjustment data: 1. Accrued salaries and wages payable $800 . 2. Depreciation $200 per month. 3. Supplies on hand $1 , 400 . Prepare an income statement for December. $

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