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Drs. Glenn Feltham ond David Ambeose began operations of their physical therapy clenic, calied Narthiland Piryuical Therapy, on January 1,2020. The anhual reporting period ends

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Drs. Glenn Feltham ond David Ambeose began operations of their physical therapy clenic, calied Narthiland Piryuical Therapy, on January 1,2020. The anhual reporting period ends December 31 , The tial balance on January t, 202t, was as followe (tha amounts are rounded to thousands of doliars to simplifyl: Transactions during 2021 (summarized in thousands of dollarsf follow: a Borrowed 532 cash on July t, 2021, signing a six-month note payable. b. Purchased equipment for $35 cash on duly 2, 2021. c issued additional shares of common stock for $5 on July 3. d. Puechased software on July 4,$2 cash. e. Purchased supplies on July 5 on account for future use, $8 t Pecorded revenues on December 6 of $66, induding $9 on credit and $57 recelved hn cash. 9. Pecognized salaries and woges expenset on Decomber 7 of $40. psid in cash. h. Collected accounts receivabie on December A. 58 . I. Pald accounts payabie on December 9,59. F Recewed a $2 cash deposit on December 10 from a haspital for a contect to skart January 5,2022 Dsta for edjunding joumal eatries on December 31 . * Amocization for 2021, 51 . isupples of $2 were counted on December 34, 2021 . m. Oepreciation for 2021,53. a Acched interest of 51 i on notes pyyatie. a Salsnes and weges incumed but notyet paid or recorded, 54 p incotre tis expense for 2021 was $3 and wal be pold in 2022 . Required: 2. Hrepare a post-ciosing tral bilance. (Enter your answers in thousands of dellars.)

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