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4. Record adjusting journal entries (k) through (p). (If no entry is required for a transaction/event, select No journal entry required in the first account

4. Record adjusting journal entries (k) through (p). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands of dollars.) View transaction list Journal entry worksheet 1 2 Transaction k. 3 Note: Enter debits before credits. Record entry 4 Amortization for 2021, $6. Record the adjusting entry. 5 General Journal 6 Clear entry Debit Credit View general journal
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4. Record adjusting journal entries ( ( ) through ( p ). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your onswers in thousonds of dollors.) Journal entry worksheet 23456 Amortization for 2021, \$6. Record the adjusting entry. Note: Cnter debits bofore cred ts Alison and Chuck Renny began operations of their furniture repair shop (Lazy Sofa Furniture, Incorporated) on January 1 . 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, follows famounts are rounded to thousands of dollars 10 simplify) Transactions duting 2021 (summariced in thousands of dollars) follow A. Borrowed $15 cash on July 1, 2021, signing a six-month note payable b Purchased equipment for \$17 cash on July? c issued additional shares of common stock on July 3 for $4 a Purchased addisional equipenent on August 4, 54 cash a. Borrowed $15 cash on July 1, 2021, signing a six.month note payable b Purchased equipment for $17 cash on July 2 c. Issued additional shares of common stock on July 3 for $4. d. Purchased additional equipment on August 4, $4 cash. e. Purchased, on account, supplies on September 5 for future use, $9. r On December 6. recorded revenues in the amount of $58, including $8 on credit and $50 received in cash. 9. Paid salaties and wages expenses on December 7.$25. h. Collected accounts receivable on December 8,$7. 1. Paid accounts payable on December 9,$10 y. Received a $6 deposit on December 10 for work to start January 15,2022. Data for adjusting journal entries on December 31 : k. Amortization for 2021,56 1. Supplies of 55 were counted on December 31, 2021 m. Depreciation for 2021, 51 n. Acrrued interest on notes payable of $2. o. Salaries and wages earned but not yet paid, 52 p. Income tax for 2021 wis $5 and will be paid in 2022

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