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61m The following information applies to the questions displayed below Brothers Harry and Herman Hausyerday began operations of their machine shop(H&H Tool, Inc.) on January

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61m The following information applies to the questions displayed below Brothers Harry and Herman Hausyerday began operations of their machine shop(H&H Tool, Inc.) on January 1, 2016. The Part 6 of 9 annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplity) Aocounts Receivable Supplies Equipment Accumalated Depreclation Aocumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Print Incone TaK Payable Retained Earning Salaries and Nages Expese Depreeiation Expense Incone Tax Expense Interest Expense Supplies Expense Transactions and events during 2018 (summarized in thousands of dollars) follow Borrowed $13 cash on March 1 using a short-term note b. Purchased land on March 2 for future building site; paid cash, $7 c Issued additional shares of common stock on April 3 for $28 d. Purchased software on July 4, $12 cash. e. Purchased supplies on account on October 5 for future use, $17 f Paid accounts payable on November 6,$14 g Signed a $30 service contract on November 7 to start February 1, 2019

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