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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

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 Hauyerday began operations of their machine shop HA H Tool Incorporated on January L 2020. The annual reporting period ends December 21 The tal balance on January 1 2021, Inows the amounts are rounded to thousands of dollars to simply Tillan Canh Supp: Low Land equipment Reculated Depeciation Software lated AmortisatiON sta Paysais uts Payable (abert-ter) Enlaries and ages Fuyable Interest Payable Tex Payabia TH Common Stac Betained Earnings Service Ba salaries and ages Expense Depreciation Expens Leation Expan The Tux Expasss sterest Expen Supplime Exp Ca-2 (Algo) Part 6 118 4305 Transactions and events during 2021 summarized in thousands of dollars) follow A Borrowed $13 cash on March 1 using a short-term not & Purchased land on March 2 for tuture build site paid cash, 57 chued additional shares of common stock on April 3 for $28 d Purchased software on July 4, $12 cash e Purchased supplies on account on October 5 for Auture us $17 (Paid accounts payable on November (54 p. Signed a $30 service contract on November 7 to start February 1, 3022 A Recorded revenues of $170 on December 8, including $45 en credit and $125 collected in t Recognized salaries and wages expense on December 9. 190 paid in cash Collected accounts receivsbile on December 10, 529 Data for adjusting journal entries as of December 3 A Unrecorded amortization for the year on software $5 & Supplies courted on December 21, 2021 S Depreciation for the year the 52 n Interest of $2 to accrue on notes payable o Salanes and A Income tax for Required 6-a. Prepare an income state 6- Prepare the statement of retained t &c. Preper the balance sheet Complete this question by entering Nung Ga DWALL 14 4 11 1 med but not yet paid or recorded, St year was $9 in 2002 Asmais CrNikit A FOOL, INCORPORATED Stat Ended December 31, 3521 0 P (b) Common Stuck ed Comp laty
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4.4, 104.5,1040 ? C42 (aiga) Part 6 CA-2 (Afigo) Part 6

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