10 is not the correct answer.

Journal entry worksheet 3 4 5 6 Record the adjusting entry for supplies counted on December 31, 2021 for $10. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below] Brothers Hary and Herman Hausyerday began operations of their machine shop (H&H Tool, incorporated) on January f. 2020 . The annual reporting period ends December 31 . The trial balance on January 1, 2021, follows (the amounts are rounded to thousands of dollars to simplifyl. Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a short-term note. b. Purchased land on March 2 for future building site; paid cash, $9. c. Issued additional shares of common stock on April 3 for $23. d. Purchased software on July 4,$10 cash e. Purchased supplies on account on October 5 for future use, $18 f Paid accounts payable on November 6.$13. 9 . Signed a $25 service contract on November 7 to start February 1, 2022 h. Recorded revenues of $160 on December 8 , including $40 on credit and $120 collected in cash. i. Recognized salaries and wages expense on December 9.$85 paid in cash. 1 Collected accounts receivable on December 10,$24. Data for adjusting joumal entries as of December 31 : k. Unrecorded amortization for the year on software, $5. 1. Supplies counted on December 31, 2021, $10 m. Depreciation for the year on the equipment, $6. Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a short-term note. b. Purchased land on March 2 for future building site; paid cash, $9 c. Issued additional shares of common stock on April 3 for $23. d. Purchased software on July 4.$10 cash. e. Purchased supplies on account on October 5 for future use, $18. r Paid accounts payable on November 6.$13 9 . Signed a $25 service contract on November 7 to start February 1,2022 h Recorded revenues of $160 on December 8 , including $40 on credit and $120 collected in cash. 2. Recognized salaries and wages expense on December 9, $85 paid in cash. 1 Collected accounts recelvable on December 10, \$24. Data for adjusting journal entries as of December 31 : k. Unrecorded amortization for the year on software, $5. 1. Supplies counted on December 31,2021,$10. m. Depreciation for the year on the equipment, \$6. n. Interest of $1 to accrue on notes payable. 0. Salaries and wages eamed but not yet paid or recorded, $12 p. Income tax for the year was $8. It will be paid in 2022 4. Record the adjusting journal entries (k) through (p), (If no entry is required for a transaction/event, select "No. Required" in the first account field. Enter your answers in thousands of dollars.)