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 (amounts are rounded to thousands of dollars to simplify). Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Software Accumulated Amortization: Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Interest Payable Income Tax Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Supplies Expense Depreciation Expense Salaries and Wages Expense Amortization Expense. Interest Expense Debit Credit $5 4 3 6 12 0 15 Income Tax Expense Totals $ 30 $ 30 Transactions during 2021 (summarized 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 2. c. Issued additional shares of common stock on July 3 for $4. d. Purchased additional equipment on August 4, $4 cash. e. Received supplies on account on supplies on September 5 for future use, $9. f. On December 6, recorded revenues in the amount of $58, including $8 on credit and $50 received in cash. g. Paid salaries and wages expenses on December 7, $25. h. Collected accounts receivable on December 8, $7. i. Paid accounts payable on December 9, $10. J. 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, $6. 1. Supplies of $5 were counted on December 31, 2021. m. Depreciation for 2021, $1. n. Accrued interest on notes payable of $2. o. Salaries and wages earned but not yet paid, $2. p. Income tax for 2021 was $5 and will be paid in 2022. Required: T accounts. Enter beginning balances and post journal entries from Part 2, the adjusting journal entries from Part 4, and the closing entry from Part 7. (Enter your answers in thousands of dollars.)