Need all transaction 1-18

a-p

Brothers Mike and Tim Hargenrater began operations of their tool and die shop (H \& H Tool, Inc) on January 1, 2019. The annual reporting period ends Decembli 31. The trial balance on January 1, 2020, follows: Transactions during 2020 follow: a. Borrowed $15,000 cash on affive-year, 8 percent note payable, dated March 1, 2020 . b. Purchased land for a future building site; paid cash, $13,000. c. Earned $215,000 in revenues for 2020 , including $52,000 on credit and the rest in cash. d. Sold 4,000 additional shares of capital stock for cash at \$1 market value per share on January 1,2020. e. Incurred $89,000 in wages expense and $25,000 in miscellaneous expenses for 2020 , with $20,000 on credit and the rest paid in cash. f. Collected accounts recelvable, $34,000. 9. Purchased other assets, $15,000 cash. h. Purchased supplies on account for future use, $27,000. 1. Paid accounts payable, $26,000. 1. Signed a three-year $33,000 service contract to start February 1,2021. k. Declared cash dividends on December 1,$25,000, which were paid by December 31 . [Hint: Prepare two entries.] Data for adjusting entries: 1. Supplies counted on December 31,2020,$18,000. m. Depreciation for the year on the equipment, $10,000. n. Interest accrued on notes payable (to be computed). 0. Wages earned by employees since the December 24 payroll but not yet paid, $16,000. p. Income tax expense, $11,000, payable in 2021. Prepare joumal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Prepare journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Borrowed $15,000 cash on a five-year, 8 percent note payable, dated March 1 , 2020. Note: Enter debits before creduts