Required information The following information applies to the questions displayed below.J At January 1 beginning of its fiscal year). Freeman, Incorporated, a financial services consulting firm, reported the following occount balances (in thousands, except for par and market value per share): a. Recelved $9,670 cash for consulting services rendered. b. Issued 44 additional shares of common stock at a market price of $205 per share. c. Purchased $810 of office equipment, paying 20 percent in cash and owing the rest on a short-term note. d. Recelved $1,060 from clients for consulting services to be performed in the next year. e. Bought $640 of supplies on account f. Incurred and paid $1,970 in utilities for the current year. 9. Consulted for clients in the current year for fees totaling $1,790, due from clients in the next year. h. Received 53,150 from clients paying on their accounts. Li Incurred $6,380 in salaries in the current year, paying $5,470 and owing the rest (to be paid next year). Purchased $1,400 in short-term investments and paid $970 for insurance coverage beginning in the next fiscal ye k. Received $95 in interest revenue eamed in the current year on short-term investments. Required: 2. Enter the following transactions for the current year into the T-accounts, using the letter of each transaction as the reference. Note: Enter your answers in thousands, not in dollars. Round your final answers to nearest whole dollar. Required information \begin{tabular}{|l|r|r|r|} \hline \multicolumn{1}{|c|}{ Debit } & & \multicolumn{2}{|c|}{ Credit } \\ \hline Beginning Balance & & & \\ \hline (b) & 9,020 & & \\ \hline & & & \\ \hline Ending Balance & 9.020 & & \\ \hline & & \\ \hline \end{tabular} [The following information applies to the questions displayed below.] At January 1 (beginning of its fiscal year). Freeman, Incorporated, a financlal services consulting firm, reported the following account balances (in thousands, except for par and market value per share): a. Recelved $9,670 cash for consulting services rendered. b. Issued 44 additional shares of common stock at a market price of $205 per share. c. Purchased $810 of office equipment, paying 20 percent in cash and owing the rest on a short-term note. d. Received $1,060 from clients for consulting services to be performed in the next year. e. Bought $640 of supplies on account. f. Incurred and paid $1,970 in utilities for the current year. 9. Consulted for clients in the current year for fees totaling $1,790, due from clients in the next year. h. Recelved $3,150 from clients paying on their accounts. 1. Incurred $6,380 in salaries in the current year, paying $5,470 and owing the rest (to be paid next year). j. Purchased $1,400 in short-term investments and paid $970 for insurance coverage beginning in the next fiscal yi. k. Received $95 in interest revenue earned in the current year on short-term investments. 3. Using the data from the T-accounts, amounts for the following at the end of the current year were Note: Enter your answers in thousands, not in dollars