File Home Insert Page Layout Formulas Data Review View Help X Cut Corbel 11 3 A A = Copy Paste BIU v A A v Format Painter Clipboard Font E Alignment A32 X fx A C Wrap Text Merge & Center D E On December 1, 2022, Divine Distributing Company had the following account balances. 1 2 3 Cash 4 Accounts Receivable 5 Note Receivable 6 Inventory Debit 11,750.00 6,240.00 Accumulated Depreciation-Equipment 8,000.00 Accounts Payable 8,250.00 Unearned Service Revenue Credit 8,700.00 9,850.00 2,500.00 7 Supplies 1,710.00 Salaries and Wages Payable 1,800.00 8 Prepaid Rent 12,000.00 Common Stock 50,000.00 9 Equipment 10 47,000.00 Retained Earnings 94,950.00 22,100.00 94.950.00 P 11 During December, the company completed the following transactions. 12 Dec. 13 14 956 15 16 17 18 6 Paid $3000 for salaries and wages due employees, of which $1,200 is t 7 $250 of defective merchandise was returned from a November 30, 20- 8 Received $2,240 cash from customers in payment of account (no disc 10 Sold merchandise for cash $8,200. The cost of the merchandise sold w 13 Purchased merchandise on account from Hecht Co. $5,700, terms 2/1 15 Purchased supplies for cash $1450.00 18 Sold merchandise on account $15,700, terms 3/10, n/30. The cost of th In-1