The Daisy Lamp Company (DLC), owned by Jemma Daisy, is a wholesale company that purchases lamps from th View the additional information. The trial balance for DLC as of September 30, 2025 and additional merchandise inventory data follows: View the trial balance. View the merchandise inventory data. During the fourth quarter of 2025, DLC completed the following transactions: View the transactions. Read the requirements. Transactions 8,500 table lamps at $23 each Cash Paid cash expenses. Dec. 5: Paid amount due to Village Lights from Nov. 5 purchase. Date Dec. 5 Accounts and Explanation Accounts Payable-Village Lights Cash 9,000 floor lamps at $27 each Nov. 5 Nov. 8 Nov. 10 Nov. 15 Received a check from Skyway Home Stores for full amount owed on Oct. 28 sale. Received a check from Tifton Office Supply for full amount owed on Nov. 1 sale. 2,370 Nov. 18 Purchased and paid for supplies: $350 for the office; $460 for the warehouse. Sold lamps on account to Stewart Office Supply, n/30: 2,400 desk lamps at $15 each Sold lamps on account to Bazaar Discount Stores, terms 3/10, n/30: 1,500 table lamps at $43 each 1,700 floor lamps at $69 each Received a check from Bazaar Discount Stores for full amount owed on Nov. 18 sale. Debit 494,500 Credit Nov. 28 Nov. 30 Paid salaries, $36,000 (65% selling, 35% administrative). 494,500 Nov. 30 Paid utilities, $2,370 (70% selling, 30% administrative). Dec. 5 Dec. 15 Paid amount due to Village Lights from Nov. 5 purchase. Dec. 15 Dec. 27 Debit Credit Dec. 31 Dec. 31 Paid salaries, $36,000 (65% selling, 35% administrative). Paid utilities, $3,000 (70% selling, 30% administrative). Received a check from Stewart Office Supply for full amount owed on Nov. 15 sale. Daisy withdrew $35,000 from the business. Sold lamps on account to Opus Home Furnishings, terms 3/10, n/30: 8,100 desk lamps at $15 each 4,000 table lamps at $43 each Paid amount due on account. Dec. 15: Received a check from Stewart Office Supply for full amount owed on Nov. 15 sale. Date Accounts and Explanation Dec. 15 Cash Accounts Receivable-Stewart Collected cash on account. Print Done