please help i have one mistake and the answer is not complete.

Transcribed image text: Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called Northland Physical Therapy.on January 1, 2017. The annual reporting period ends December 31. The trial balance on January 1, 2018, was as follows (the amounts are rounded to thousands of dollars to simplify: Debit Credit B 0 Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Interest Payable Income Taxes Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Depreciation Expense Amortization Expense Salaries and Wages Expense Supplies Expenso Interest Expense I Income Tax Expense Totalo 0 14 O $28 $28 Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on July 1, 2018, signing a six-month note payable. b. Purchased equipment for $15 cash on July 2, 2018. c. Issued additional shares of common stock for $4 on July 3. d. Purchased software on July 4, $4 cash. e. Purchased supplies on July 5 on account for future use. $6. Recorded revenues on December 6 of $47, including $10 on credit and $37 received in cash. g. Recognized salaries and wages expense on December 7 of $20; paid in cash. h. Collected accounts receivable on December 8, $7. 1. Paid accounts payable on December 9, $8. J. Received a $4 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. $1. 1. Supplies of $4 were counted on December 31, 2018. m. Depreciation for 2018. $2. $1 on notes payable Retained Earnings Service Revenue Depreciation Expense Amortization Expense Salaries and Wages Expense Supplies Expense Interest Expense Income Tax Expense Totals 0 0 528 528 Transactions during 2018 (summarized in thousands of dollars) follow. a. Borrowed $12 cash on July 1, 2018, signing a six-month note payable. b. Purchased equipment for $15 cash on July 2, 2018 c. Issued additional shares of common stock for $4 on July 3. d. Purchased software on July 4, $4 cash. e. Purchased supplies on July 5 on account for future use. $6. Recorded revenues on December 6 of $47, including $10 on credit and $37 received in cash. g. Recognized salaries and wages expense on December 7 of $20. pald in cash h. Collected accounts receivable on December 8. $7. 1. Paid accounts payable on December 9, $8. J. Received a $4 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, $1. 1. Supplies of $4 were counted on December 31, 2018. m. Depreciation for 2018, $2. n. Accrued interest of $1 on notes payable. o. Salaries and wages incurred but not yet paid or recorded. $6. p. Income tax expense for 2018 was $5 and will be paid in 2019. (Enter all of your answers in thousands of dollars. (ie, $100,000 should be entered as $100).) Answer is not complete. Statement of General Income General Requirement Trial Balance Retained Balance Sheet Analysis Journal Statement Ledger Earnings Prepare the journal entries to record transactions (a) through C). Then prepare the necessary adjusting entries (k) through () to correctly report net income for the period. Then record the closing entry as of December 31. (If no entry is required for and calart "No journal entry required in the first account field.) m. Depreciation for 2018, $2 n. Accrued interest of $1 on notes payable. o. Salaries and wages incurred but not yet paid or recorded, $6. p. Income tax expense for 2018 was $5 and will be paid in 2019 (Enter all of your answers in thousands of dollars. (l.e., $100,000 should be entered as $100).) Answer is not complete. General General Income Statement of Requirement Journal Ledger Trial Balance Balance Sheet Retained Analysis Statement Earnings Use the dropdowns to select the accounts properly included on the classified balance sheet. The unadjusted, adjusted, or post-dosing balances will as each account, based on your selection. Post-closing Assets 3 Current Assets Cash Accounts Receivable Supplies 12 NORTHLAND PHYSICAL THERAPY Balance Sheet At December 31, 2018 (in thousands) Liabilities Current Liabilities 25 Accounts Payable 7 Notes Payable (short-term) 4 Salaries and Wages Payable 0 Interest Payable 0 Income Tax Payable 0 Deferred Revenue OOOO lololololololo 6 1 5 4 0 $ 31 0 $ 36 Total Current Liabilities Stockholders' Equity Common Stock Retained Earnings 18 19 23 0 $ 20 Total Current Assets Equipment Accumulated Depreciation-Equipment Software Accumulated Amortization 00 (3) 8 $ $ 37 68 6 (2) $ $ 62 Analysis > Statement of Retained Earnings