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create journal sntires for all entries A-P Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $14 cash on July 1, 2018, signing

create journal sntires for all entries A-P image text in transcribed
Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $14 cash on July 1, 2018, signing a six-month note payable. b. Purchased equipment for $17 cash on July 2, 2018. c. Issued additional shares of common stock for $5 on July 3. d. Purchased software on July 4, $3 cash. e. Purchased supplies on July 5 on account for future use, $7. f. Recorded revenues on December 6 of $47, including $8 on credit and $39 received in cash. g. Recognized salaries and wages expense on December 7 of $22; paid in cash. h. Collected accounts receivable on December 8, $9. 1. Paid accounts payable on December 9, $10. J. Received a $3 cash deposit on December 10 from a hospital for a contract to start January 5, 2019. Data for adjusting journal entries on December 31: k. Amortization for 2018. $2. 1. Supplies of $3 were counted on December 31, 2018. m. Depreciation for 2018, $4. n. Accrued interest of $1 on notes payable. o. Salaries and wages incurred but not yet paid or recorded, $4. p. Income tax expense for 2018 was $4 and will be paid in 2019

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