Required Information 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 simplity Account Titles Debit Credit Cash 5.4 Accounts Receivable 4 Supplies 11 Land Equipment 53 Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-ters) Salaries and Wages Payable Interest Payable Income Tax Payable Corso Stock Retained Earnings Service ve Salaries and hopes Expense Depreciation Expense Amortization Experte Inces Tax Expense Interest Expense Supplies Expense Totals 5.93 1.9 $ 28 65 Transactions and events during 2021 summarized in thousands of dollars) follow Borrowed 513 cash on March using a short-term note b. Purchased and on March 2 for future building site paid cath, $7 c issued additional shares of common stock on April 3 for $31 d. Purchased software on July 4, 512 cash e. Purchased supplies on account on October 5 for future use. 517 Pald accounts payable on November 6, 514 Signed a $30 service contract on November 7 to start February 1 2022 n. Recorded revenues of $146 on December 8: including $33 on credit and 5113 collected in cash Recognized salaries and wages expense on December 9.578 paid in cash Collected accounts receivable on December 10, 512 Data for adjusting journal entries as of December 31 Unrecorded amortization for the year on software. 57 Supplies counted on December 3 2021, SIL m Depreciation for the year on the equipment. 57 n Interest of 521 accrue on notes payable o Salaries and wages eamed but not yet paid or recorded. $ income tax for the year wars 59. It will be paid in 2022 7. inds of do H&H TOOL, INCORPORATED Unadjusted Trial Balance (in thousands) Debit Credit Account Titles Cash Accounts Receivable Supplies Land Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Interest Payable Income Taxes Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Supplies Expense Depreciation Expense Interest Expense Income Tax Expense Totals 0