Ches 19 Per 434 Required information The following information applies to me questions displayed below Alison and Chuck Renny began operations of the furniture repair shop Laxy Sofa Furnnure, Incorporated on January 2020 The annual reporting period onds December 31. The trial balance on January 2021 follows amounts are rounded to thousands of dollars to simplifyi ACTIE Debt Credit Cau 15 hans Hoceivable Supplies Event Accumulated prestation Software Reculated Artisation counts Payable Notes le(short-tera) Salaries and Maps Payable Interest Payable Income Tax Payable Deferred Coan st Herald Tamins Service Revenge Supplies Expense 0 Depreciation to Salaries and wages Expense Amortization Experise Interest tense Income Tax Experie Totals 529 $20 D O Transactions during 2021 (summarized in thousands of dollars follow 19 correst Expense Income Tax Expense Totals $20 529 Transactions during 2021 summarized in thousands of dollars) follow Part 9 4.34 po a. Borrowed $21 cash on July 1 2021, signing a six-month note payable. 6. Purchased equipment for $18 cash on July 2 cIssued additional shares of common stock on July 3 for $5. d. Purchased additional equipment on August 4, $3 cash e Purchased, on account, supplies on September 5 for future use, $10 1 On December 6, recorded revenues in the amount of $65, including $9 on credit and $56 received in cash 9. Pald salaries and wages expenses on December 7. $35 ni Collected accounts receivable on December 8, 58 2. Paid accounts payable on December 9, $11 Received a $3 deposit on December 10 for work to start January 15, 2022 Bok P Data for adjusting journal entries on December 31 . References k. Amortization for 2021. $3. Supplies of $4 were counted on December 31, 2021. m. Depreciation for 2021, $2 n. Accrued interest on notes payable of $1. o Salaries and wages earned but not yet paid, $3. p. Income tax for 2021 was $4 and will be paid in 2022 Part 6 of 9 View transaction list 434 po Journal entry worksheet Record entry to close revenue and expense accounts to retained earnings. ook Bm Note Enter debts belor credits General Journal Debit Credit Transaction A Cash References Record entry Clear entry View general journal 19 Part 6 434 Required information The following information applies to the question payed below! Alison and Chuck Renny began operations of their furniture repair shop Lazy Sofa Furniture, Incorporated on January 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, follows (amounts are rounded to thousands of dollars to simply Title nt rt. Cash 15 Accounts Recente Supplies 2 Equipo keltet Depreciation $ Software 12 Accumulated Amortizati Accounts Payable Notes Payable short-ter) Salaries and ages Payable Interest Payable Income Tax Payable Deferred Have Cono Stock Wetained and Service New Supplies Expense Depreciation Expense Salaries and was une aortation Expense Interest Esse Inca Experts Total 320 $20 10 Transactions during 2021 (summarized in thousands of dollars follow 19 Totals $29 $ 29 Transactions during 2021 (summarized in thousands of dollars) follow Part 6 434 point a Borrowed $21 cash on July 1, 2021, signing a six-month note payable Purchased equipment for $18 cash on July 2. Issued additional shares of common stock on July 3 for $5. d Purchased additional equipment on August 4, 53 cash e Purchased, on account, supplies on September 5 for future use. $10 On December 6, recorded revenues in the amount of $65, including 39 on credit and $56 received in cash 9. Paid salaries and wages expenses on December 7 $35 Collected accounts receivable on December 8. $9. Paid accounts payable on December 9, $11 Received a $3 deposit on December 10 for work to start January 15, 2022 Print Data for adjusting journal entries on December 31 Before * Amortization for 2021, 53. Supplies of $4 were counted on December 31, 2021 m. Depreciation for 2021, $2. n. Accrued interest on notes payable of $1. o Salaries and wages earned but not yet paid $3. Income tax for 2021 was $4 and will be paid in 2022 tored for a transaction/event, select "No Journal Entry Required in the first tentation La Prome REGO Chademy 19 7. Prepare the coung journal entry of no entry is required for a transaction leven, select 's Journal Entry Required in the first accountries. Enter your writhousands of dollars) 434 Journal entry worksheet Record entry to me and accounting Deba C ME Gran