Required information [The following information applies to the questions displayed below) Brothers Harry and Herman Housyerday began operations of their machine shop (M&Tool, Inc.) on January 2016. The annual reporting period ends December 31 The trial balance on January 2 2018 follows the amounts are rounded to thousands of dollars to simply Rent Istia Transactions and events during 2018 summarized in thousands of dollars) follow Borrowed $11 cash on March 1 using a short-term note. b. Purchased and on March 2 for future building site; paid cash. $e. c.Issued additional shares of common stock on April 3 for $24 d. Purchased software on July 4, $11 cash. Purchased supplies on account on October 5 for future use. $19. Paid accounts payable on November 6, $12 g. Signed a $20 service contract on November 7 to start February 1, 2019 h. Recorded revenues of $100 on December 8, including $50 on credit and $150 collected in cash L. Recognized salaries and wages expense on December 9, 995 paid in cash Collected accounts receivable on December 10, $34 Data for adjusting journal entries as of December 3 k Unrecorded amortization for the year on software, SS. Supples counted on December 2010 $12 Depreciation for the year on the equipment. $S. it. Interest of $1 to sccrue on notes payable a: Salaries and wages earned but not yet paid or recorded. $13 Income tax for the year was $7. It will be paid in 2019 5. Pout the adjusting entries from requirement and prepare an adjusted til biance. (Enter your answers in thousands of dollars.) HEH TOOL, INO Adjusted Trial Balance Onthousands) Debit Credit Accounts Receivable Supplies Land Louimen Accumuland Depreciation Software Accumud Amortization Accounts Payable Notes Payable short-term Salaries and Wages Payable neres: Povable Income Tax Payable Common Sock Regined Langs Salaries and Wages biense Depreciation Expense Amor perse Interessense Income Tax Diense Total