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$)$:

Account Titles Debit Credit

Cash $ $3$

Accounts Receivable $5$

Supplies $12$

Land $0$

Equipment $69$

Accumulated Depreciation $ $6$

Software $24$

Accumulated Amortization $4$

Accounts Payable $5$

Notes Payable $($short$-$term$)0$

Salaries and Wages Payable $0$

Interest Payable $0$

Income Tax Payable $0$

Common Stock $90$

Retained Earnings $8$

Service Revenue $0$

Salaries and Wages Expense $0$

Depreciation Expense $0$

Amortization Expense $0$

Income Tax Expense $0$

Interest Expense $0$

Supplies Expense $0$

Totals $ $113$ $ $113$

Transactions and events during $2021($summarized in thousands of dollars$)$ follow:

Borrowed $$12$ cash on March $1$ using a short$-$term note.

Purchased land on March $2$ for future building site; paid cash, $$9.$

Issued additional shares of common stock on April $3$ for $$23.$

Purchased software on July $4,$ $$10$ cash.

Received supplies on account on October $5$ for future use, $$18.$

Paid accounts payable on November $6,$ $$13.$

Signed a $$25$ service contract on November $7$ to start February $1,2022.$

Recorded revenues of $$178$ on December $8,$ including $$49$ on credit and $$129$ collected in cash.

Recognized salaries and wages expense on December $9,$ $$94$ paid in cash.

Collected accounts receivable on December $10,$ $$33.$

Data for adjusting journal entries as of December $31$:

Unrecorded amortization for the year on software, $$4.$

Supplies counted on December $31,2021,$ $$10.$

Depreciation for the year on the equipment, $$6.$

Interest of $$1$ to accrue on notes payable.

Salaries and wages earned but not yet paid or recorded, $$12.$

Income tax for the year was $$8.$ It will be paid in $2022.$

C$4-2($Algo$)$ Part $8$

Required:

Prepare a post$-$closing trial balance. $($Enter your answers in thousands of dollars.$)$