I need to create T-Accounts for these entries using the following headings: Cost

Question

I need to create T-Accounts for these entries using the following headings: Cost of Goods, Depreciation Expense, Salaries and Wages Expense, Sales Revenue, Sales Discounts, Supplies Expense, Income Tax Expense and Income Taxes Payable

Dec 6.
Debit: Salaries payable 1,000
Debit: Salaries expense 600
Credit: Cash 1,600

Dec 8.
Debit: cash 1900
Credit: Accounts receivable 1900

Dec 10
Debit: Cash 6300
Credit: Sales 6300
Debit: Cost of goods sold 1400
Credit: Merchandise inventory 1400

Dec 13
Debit: Merchandise inventory 9000
Credit: Accounts payable 9000

Dec 15
Debit: Supplies 2000
Credit: Cash 2000

Dec 18
Debit: Accounts Receivable 12,000
Credit: Sales 12,000
Debit: Cost of Goods sold 8000
Credit: Merchandise inventory 8000

Dec 20
Debit: Salaries expense 1800
Credit: cash 1800

Dec 23
Debit: Accounts payable 9000
Credit: Cash 8820
Credit: Merchandise inventory 180

Dec 27
Debit: Cash 11640
Debit: Sales Discount 360
Credit: Accounts Receivable 12,000

Explanation / Answer

Cost of goods sold
--------------------------------------------------------------
                            Debit                               Credit
--------------------------------------------------------------
Dec.10 Merch. Inv 1,400
Dec.18 Merch. Inv 8,000
____________________________________________

Depreciation Expense
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
No entry available
_____________________________________________

Salaries & Wage Expense
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
Dec. 6   Cash         600
Dec.20 Cash      1,800
____________________________________________

Sales Revenue
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
Dec. 10                        Accounts Rec.           6,300
Dec. 18                        Accounts Rec.         12,000
____________________________________________

Sales Discounts
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
Dec.27 A/R        360
_____________________________________________

Supplies Expense
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
Dec.15 Cash     2,000
____________________________________________

Income Tax Expense
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
No entry available
____________________________________________

Income Tax Payable
--------------------------------------------------------------
                         Debit                               Credit
--------------------------------------------------------------
No entry available
_____________________________________________

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