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Required Information [The following information applies to the questions displayed below] Alison and Chuck Renny began operations of their furniture repair shop (Lazy Sofa Furniture,

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Required Information [The following information applies to the questions displayed below] Alison and Chuck Renny began operations of their furniture repair shop (Lazy Sofa Furniture, incorporated) on January 1. 2020. The annual reporting period ends December 31 . The trial balance on January 1, 2021, follows (amounts are rounded to thousands of collars to simpily). Transactions during 2021 (summarized in thousands of dollars) follow: a Borrowed $18 cash on July 1, 2021, signing a six-month note payabie. b. Purchased equipment for $21 cash on July 2. c. Issued additional shares of common stock on July 3 for $4. d. Purchased additional equipment on August 4,$4 cash. e. Recelved supplies on account on supplies on September 5 for future use, $9. f On December 6 , recorded revenues in the amount of $61, including $8 on credit and $53 recelved in cash g. Pald salaries and wages expenses on December 7,$22 h. Coilected accounts recelvable on December 8,$7. 1. Paid accounts payable on December 9,$10 J. Recelved a $5 deposit on December 10 for work to start January 15,2022 Data for adjusting journal entries on December 3t. k. Amortization for 2021,$5 1. Supplies of $5 were counted on December 31, 2021. m. Depreciation for 2021,51 . n. Accrued interest on notes payabie of $3 o. Salaries and wages earned but not yet paid, $2. p. Income tax for 2021 was $6 and wir be paid in 2022 5. Prepare an adjusted trial balance. (Enter your answers in thousands of dollars.)

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