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Required information [The followinginformation apolies to the questions dispiayed below] Drs Glenn Feltham and David Ambrose began operations of their physical therapy clinic. Called Northland

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Required information [The followinginformation apolies to the questions dispiayed 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 1.2021 was as. follows (the amounts are rounded to thousands of dollars to simplify): Transactions during 2021 (summanized in thousands of dollars) follow a. Botrowed $32 cash on July 1, 2021, signing a sx-month note payable b. Purchased equipment for $35 cash on July 2, 2021 c. Issued additional shares of common stock for 56 on July 3 d Purchased software on July 4,$2 cash e. Purchased supplies on July 5 on account for future use, $8 f Recorded revenues on December 6 of $66, including $9 on credit and $57 received in cash. 9. Recognized salaries and wages expense on. December 7 of $40, paid in cash. h. Collected accounts tecelvable on December 8,58 1. Pard accounts payable on December 9.59 f. Recelved a $2 cash deposit on Decembet 10 from a hospital for a contract to stant January 5.2022 5. rulchasen suppiles of July 3 vil akcoum iti tutule use, 70 . f Recorded revenues on December 6 of $66, including $9 on credit and $57 received in cash. g. Recognized salaries and wages expense on December 7 of $40, paid in cash h. Collected accounts receivable on December 8,$8. I Paid accounts payable on December 9,$9 1. Received a $2 cash deposit on December 10 from a hospital for a contract to start January 5,2022 Data for adjusting journal entries on December 31 k. Amortization for 2021, $1 1. Supplies of $2 were counted on December 31,2021 m Depreciation for 2021, $3 n. Accruedinterest of $1 on notes payable o. Salarles and wages incurred but not yet paid or recorded, $4 p Income tax expense for 2021 was $3 and will be paid in 2022 equired: . Recordjournal entries for transactions (a) through / I) (If no entry is required for a transaction/event, select Required" in the first account field. Enter your answers in thous ands of dollars.) Journal entry worksheet 2345678910 Record the borrowing 532 cash on July 1 , 2021, signing a sts-month note pavable. Wote: Enter debrts before aredits

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