Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Incorporated) on January 1, 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, follows (the amounts are rounded to thousands of dollars to simplify):

No Transaction General Journal Debit Credit 1 k. Amortization Expense V 7 0 Accumulated Amortization 70 2 Supplies Expense 22 X Supplies 22 X 3 m. Equipment X 7 0 Accumulated Depreciation V 4 n. Interest Expense Interest Payable 5 0. Salaries and Wages Expense 11 4 Salaries and Wages Payable 11Account Titles Cash Accounts Receivable Supplies Land Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-termj 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 Totals Debit 11 52 18 535535555 $99 Credit '55- "IJ 'IJ ummmmmmu $99 a. Borrowed $13 cash on March 1 using a short-term note. b. Purchased land on March 2 for future building site; paid cash, $1. c.1ssued additional shares of common stock on 1'11er 3 for $25. (1'. Purchased software on Julv 4, $12 cash. e. Purchased supplies on account on lDctober S for future use. $11 1. Paid accounts payable on November '5, $14. g. Signed a $313 service contract on November 1 to start Februarv1, 2022. .I't. Recorded revenues of$164 on December 8, including $42 on credit and $122 collected in cash. r'. Recognized salaries and wages expense on December 3. $81 paid in cash. j. Collected accounts receivable on December 10, $26. Data for adjusting journal entries as of December 31: k. Unrecorded amortization for the year on software. $1 1. Supplies counted on December 31, 2U21, $11. m. Depreciation for the year on the equipment. $1 n.1nterest of $2 to accrue on notes pavable. o. Salaries and wages earned but not yet paid or recorded, $11. p. Income tax for the year was $3. It will be paid in 21322. Record the adjusting entry for depreciation for the year on the equipment, $7. Note: Enter debits before credits. Transaction General Journal Debit Credit m. Equipment Accumulated Depreciation