4 Brothers Harry and Herman Hausyerday began operations of their machine shop (H&H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows the amounts are rounded to thousands of dollars to simplify Account Tits Debit Credit Cash $4 Accounts receivable 4 Supplies 11 Land a Equipment 50 Accumulated Depreciation Software 17 Accumulated Amortization Accounts Payable Notes Puyalla (short-term) Salaries and Wages Payable Interest Payable Income Tax Payable Con Stock 58 Retained Earnings Service Revenue Salaries and Wages Expense Dupreciation Expense Amortization Exponse Income Tax Expense 0 Interest Expense 3 Supplies Expense Totals 592 592 a 7 B Transactions and events during 2018 (summarized in thousands of dollars) follow: . Borrowed $13 cash on March 1 using a short-term note. b. Purchased and on March 2 for future building site, paid cash, $7. c. Issued additional shares of common stock on April 3 for $28. c. Purchased software on July 4, $12 cash e. Purchased supplies on account on October 5 for future use, $17 Pald accounts payable on November 6, $14. 2. Signed a $30 service contract on November 7 to start February 1, 2019. h. Recorded revenues of $152 on December 8, including $36 on credit and $116 collected in cash. Recognized salaries and wages expense on December 9. $81 paid in cash. Collected accounts receivable on December 10, $20 Data for adjusting journal entries as of December 31 k. Untecorded amortization for the year on software, $4 Supplies counted on December 31, 2018, 911 m. Depreciation for the year on the equipment, $7. n triterest of $2 to accrue on notes payable, a Salaries and wages earned but not yet paid or recorded, $13. p Income tax for the year was $9. It will be paid in 2019, 5. Post the adjusting entries from requirement 4 and prepare an adjusted trial balance (Enter your answers in thousands of dollars.) H&H TOOL, INC Adjusted Trial Balance Debil Credit On thousands) Account Titles (Cash Accu Recevable Suppten Land Equipment Accumulated Depreciation Solar Accurated Amortion Accu Payale N Payable shorter) Sand Wages Payable Interest Payable Income Tax Payable CommStar Accumdatud Depreciation Software Accumulated Amortization Accounts Payable Notes Payable shot) Salaries and Wages Payable Interest Payable Income Tax Payable Common Stock Retained Eag Service Revens Salaries and Wages Expense Supplies Expense Depreciation Expense American Expanse Interest Expense Income Tax Expense TI 5 05 0