Account Titles Cash Accounts Receivable Supplies Land Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Interest Payable Income Tax Payable Common Stock Retained Earnings. Service Revenue Salaries and Wages Expense Depreciation Expense Amortization Expense Income Tax Expense Interest Expense Supplies Expense + $ 3 5 12 0 55 19 19 Credit 0 0 0 0 0 $ 6 0 556500 70 8 $ 94 $ 94 Transactions and events during 2021 (summarized in thousands of Totals 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 $29. 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. g. Signed a $25 service contract on November 7 to start February 1, 2022. h. Recorded revenues of $150 on December 8, including $35 on credit and $115 collected in cash. 1. Recognized salaries and wages expense on December 9, $80 paid in cash. J. Collected accounts receivable on December 10, $19. 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. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022. < 2 3 4 5 9 Record the adjusting entry for supplies counted on December 31, 2021 for $10. 1 Transaction General Journal Debit Credit L Supplies Expense Supplies Note: Enter debits before credits. Journal entry worksheet < 2 3 4 5 6 Record the adjusting entry for depreciation for the year on the equipment, $6. Note: Enter debits before credits. Transaction m. General Journal Debit Credit Record entry Clear entry View general journal > Journal entry worksheet < 2 3 5 6 Record the adjusting entry for accrued interest for $1 on notes payable. Note: Enter debits before credits. Transaction n. General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 2 3 4 6 Record the adjusting entry for salaries and wages earned but not paid for $12. Note: Enter debits before credits. Transaction 0. General Journal Debit Credit Record entry Clear entry View general journal > Journal entry worksheet 2 3 4 5 6 Record the adjusting entry for income tax for the year was $8. It will be paid in 2022. Note: Enter debits before credits. Transaction p. General Journal Debit Credit Record entry Clear entry View general journal >