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Required information (The following intormation apples to the questions dispilanod below] Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called

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Required information (The following intormation apples to the questions dispilanod below] Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called Northland Physical Therapy, on January 1,2020 . The annual reporting period ends December 31 . The trial balance on January 1, 202t, was as follows the amounts are rounded to thousands of dollars to simplity: Transactions during 2021 (summarized in thousands of dollars) follow: a. Borrowed $22 cash on July 1, 2021, signing a six-month note payable. b. Purchased equipment for $25 cash on July 2.2021 . c issued additional shares of common stock for $5 on duly 3. d. Purchased software on July 4, 53 cash. e. Purchased supplies on July 5 on account for future use, $7. 6 Recorded revenues on December 6 of $55. including $8 on credit and $47 recelved in cash. 9. Recognized salarles and wages expense on December 7 of 530; paid in cash. h. Coliected accounts receivable on December 8,59 C. Paid accounts payable on December 9,510 . f. Recoived a $3 cash deposit on December 10 from a hospital for a contract to start January 5,2022 Date for adjusting journal entries on December 31 : K. Amortization for 2021,$1. 1. 5 upplies of $3 were counted on December 31, 2021. m. Depreciodion for 2021, 54 . n. Accrued interest of $5 on notes payable. a. Salaries and wages incurred but not yet paid or recorded, $3. p. Income tax expense for 2021 was $4 and wial be paid in 2022 . Requilied: Teccounts, Fnter beginning bolances and post journat entries from Part 2, the adjusting journal entiles from Part 4, and the ciosing entry from Part 7. (Enter your answers in thousands of dollers) Required: T accounts. Enter beginning balances and post journat entries from Part 2. the adjusting journal entries from Part 4, and the elosing entry from Part ?. (Enter your answers in thousands of dollars.) Bequired intormation

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