PLEASE HELP DUE TONIGHT!! ALL PART OF QUESTION $1-8!!$ C$4-2($Algo$)$ From Recording Transactions $($Including Adjusting Journal Entries$)$ to Preparing

Financial Statements and Closing Journal Entries $($Chapters $2,3,$ and $4)[$LO $2-3,$ LO $3-3,$ LO

$4-1,$ LO $4-2,$ LO $4-3,$ LO $4-4,$ LO $4-5,$ LO $4-6]$

$[$The following information applies to the questions displayed below.$]$

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$)$:

a$.$ Borrowed $$13$ cash on March $1$ using a short$-$term note.

b$.$ Purchased land on March $2$ for future building site; paid cash, $$7.$

c$.$ Issued additional shares of common stock on April $3$ for $$28.$

d$.$ Purchased software on July $4,$$$12$ cash.

e$.$ Received supplies on account on October $5$ for future use, $$17.$

f$.$ Paid accounts payable on November $6,$$$14.$

g$.$ Signed a $$30$ service contract on November $7$ to start February $1,2022.$

h$.$ Recorded revenues of $$152$ on December $8,$ including $$36$ on credit and $$116$ collected in cash.

i$.$ Recognized salaries and wages expense on December $9,$$$81$ paid in cash.

j$.$ Collected accounts receivable on December $10,$$$20.$

Data for adjusting journal entries as of December $31$:

k$.$ Unrecorded amortization for the year on software, $$4.$

I. Supplies counted on December $31,2021,$ $$11.$

$m.$ Depreciation for the year on the equipment, $$7.$

$n.$ Interest of $$2$ to accrue on notes payable.

o$.$ Salaries and wages earned but not yet paid or recorded, $$13.$

p$.$ Income tax for the year was $$9.$ It will be paid in $2022.$ adjusted trial balance.

$$QUESTION THAT NEED ANSWERS PARTS $1-8$ BELOW

$9-$a$.$ How much net income did H&H Tool, Incorporated, generate during $2021?$ What was its net porfit margin?

$9-$b$.$ Is the company financed primarily by liabilities or stockholders' equity?

$9-$c$.$ What is its current ratio?