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Ive done a journal entry, an unadjusted trial balance, adjusted journal entries (K through P). Now I need to do the adjusted trial balance, prepare

image text in transcribedIve done a journal entry, an unadjusted trial balance, adjusted journal entries (K through P). Now I need to do the adjusted trial balance, prepare an income statement, prepare an income statement of retained earnings, and prepare a balance sheet but Im not too sure how to do that, can anyone explain how this is supposed to look?

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this is a multiple step problem, other parts came easier and i obvuosuly messed io somewhere so i figured it kight be easier to see the entire 9 parts, so i can see where i went wrong. The explanations given to me werent correct so i would assume i messed up earlier in the questions
Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a shortverm note. b. Purchased land on March 2 for future bulding site: paid cash, $9. c. Issued edditional shares of common stock on April 3 for $26 d. Purchased software on July 4,$10 cash. e. Purchased supplies on account on October 5 for future use, $18 f. Paid accounts payable on November 6,$13. g Signed a $25 service contract on November 7 to start February 1.2022 h Recorded revenues of $156 on December 8 , including $38 on credit and $118 collected in ca i. Recognized salaries and wages expense on December 9 . 583 paid in cosh f. Colected accounts receivable on December 10,$22. Data for adusting joumal entries as of December 31 k Unrecorded amortization for the year on software, 57 . 1. Supplies counted on December 31, 2021, 510 in Depreciation for the year on the equipment, 56 . a. Interest of \$1 to accrue on notes payable. a Salaries and wages eamed but not yet paid or tecorded, $12 - Income tax for the year was $8. it will be paid in 2022 . 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): Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a short-term note b. Purchased land on March 2 for future bulding site, paid cash, $9 c. Issued additional shares of common stock on April 3 for $26 d. Purchased software on July 4,$10 cash. e. Purchased supplies on account on October 5 for future use, $18 f. Paid accounts payable on November 6,$13 9 Signed a $25 service contract on November 7 to start February 1,2022 h. Recorded revenues of $156 on December 8 , including $38 on credit and $118 collected in cash 1. Recognized salaries and wages expense on December 9.$83 paid in cash. 1. Collected accounts recelvable on December 10,$22. Data for adjusting journal entries as of December 31 : k. Unrecorded amortization for the year on software, $7. 1. Supplies counted on December 31, 2021, $10. m. Depreciation for the year on the equipment, $6. n. Interest of $1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022 . Answer is complete but not entirely correct. 4. Record the adjusting journal entries ( k ) through (p). (If no entry is required for a transaction/event, select "No Journal Required" in the first account field. Enter your answers in thousands of dollars.) (x) Answer is complete but not entirely correct. Required information Required: 6-a. Prepare an income statement. 6-b. Prepare the statement of retained earnings. 6-c. Prepare the balance sheet. Complete this question by entering your answers in the tabs below. Prepare an income statement. (Enter your answers in thousands of dollars.) 7. Prepare the closing journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the account field. Enter your answers in thousands of dollars.) (1) Required information Required infomation Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a shortverm note. b. Purchased land on March 2 for future bulding site: paid cash, $9. c. Issued edditional shares of common stock on April 3 for $26 d. Purchased software on July 4,$10 cash. e. Purchased supplies on account on October 5 for future use, $18 f. Paid accounts payable on November 6,$13. g Signed a $25 service contract on November 7 to start February 1.2022 h Recorded revenues of $156 on December 8 , including $38 on credit and $118 collected in ca i. Recognized salaries and wages expense on December 9 . 583 paid in cosh f. Colected accounts receivable on December 10,$22. Data for adusting joumal entries as of December 31 k Unrecorded amortization for the year on software, 57 . 1. Supplies counted on December 31, 2021, 510 in Depreciation for the year on the equipment, 56 . a. Interest of \$1 to accrue on notes payable. a Salaries and wages eamed but not yet paid or tecorded, $12 - Income tax for the year was $8. it will be paid in 2022 . 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): Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a short-term note b. Purchased land on March 2 for future bulding site, paid cash, $9 c. Issued additional shares of common stock on April 3 for $26 d. Purchased software on July 4,$10 cash. e. Purchased supplies on account on October 5 for future use, $18 f. Paid accounts payable on November 6,$13 9 Signed a $25 service contract on November 7 to start February 1,2022 h. Recorded revenues of $156 on December 8 , including $38 on credit and $118 collected in cash 1. Recognized salaries and wages expense on December 9.$83 paid in cash. 1. Collected accounts recelvable on December 10,$22. Data for adjusting journal entries as of December 31 : k. Unrecorded amortization for the year on software, $7. 1. Supplies counted on December 31, 2021, $10. m. Depreciation for the year on the equipment, $6. n. Interest of $1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022 . Answer is complete but not entirely correct. 4. Record the adjusting journal entries ( k ) through (p). (If no entry is required for a transaction/event, select "No Journal Required" in the first account field. Enter your answers in thousands of dollars.) (x) Answer is complete but not entirely correct. Required information Required: 6-a. Prepare an income statement. 6-b. Prepare the statement of retained earnings. 6-c. Prepare the balance sheet. Complete this question by entering your answers in the tabs below. Prepare an income statement. (Enter your answers in thousands of dollars.) 7. Prepare the closing journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the account field. Enter your answers in thousands of dollars.) (1) Required information Required infomation

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