1. Record Journal entries for (a) through (j)

2. Prepare an unadjusted trial balance

3. Record the adjusting journal entries (k) through (p)

4.Prepare an adjusted trial balance

5. prepare an income statment

5b prepare the statement of retained earning

5c prepare the balance sheet

6. prepare the closing journal entry

7. T- accounts

8. Prepare a post closing trial balance

Required information [The following information applies to the questions displayed below.] Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called Northland Physical Therapy, on January 1, 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, was as follows (the amounts are rounded to thousands of dollars to simplify): Transactions during 2021 (summarized in thousands of dollars) follow: a. Borrowed $31 cash on July 1, 2021, signing a six-month note payable. b. Purchased equipment for $34 cash on July 2, 2021. c. Issued additional shares of common stock for $5 on July 3. d. Purchased software on July 4,$3 cash. e. Purchased supplies on July 5 on account for future use, $7. f. Recorded revenues on December 6 of $64, including \$8 on credit and $56 received in cash. g. Recognized salaries and wages expense on December 7 of $39; paid in cash. h. Collected accounts receivable on December 8, \$9. i. Paid accounts payable on December 9,$10. j. Received a $3 cash deposit on December 10 from a hospital for a contract to start January 5, 2022. Data for adjusting journal entries on December 31: k. Amortization for 2021,$3. I. Supplies of $3 were counted on December 31, 2021. m. Depreciation for 2021,$4. n. Accrued interest of $1 on notes payable. o. Salaries and wages incurred but not yet paid or recorded, $3. p. Income tax expense for 2021 was $4 and will be paid in 2022