C4-2 (Algo) From Recording Transactions (Including Adjusting Journal Entries) to Preparing Financial Statements and Closing Journal Entries (Chapters 2, 3, and 4) [LO 2-3, LO 3-3, LO 4-1, LO 4-2, LO 4-3, LO 4-4, LO 4-5, LO 4-6] [The following information applies to the questions displayed below.] 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 Cash Debit $ 3 Credit Accounts Receivable 5 Supplies 12 Land Equipment 55 Accumulated Depreciation $6 Software 19 Accumulated Amortization 5 Accounts Payable Notes Payable (short-tern) 0 Salaries and Wages Payable Interest Payable 0 Income Tax Payable Common Stock Retained Earnings 0 70 8 Service Revenue Salaries and Wages Expense Depreciation Expense Amortization Expense Income Tax Expense Interest Expense Supplies Expense Totals 0 $94 $94 < Prev 27 6789 of 10 Next > tv MacBook Pro NA