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(t) fsesired information Drs. Glenn Feltham and David Ambrose began operations of theirphysical therapy clinic; calied Northiand Physical Therapy, on January 1,2020. The annual reporting

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(t) fsesired information Drs. Glenn Feltham and David Ambrose began operations of theirphysical therapy clinic; calied Northiand 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 rocinded to thousands of doliars to simplify): Transjctions during 2021 (summarized in thousands of dollars) follow: a. Aorrowed $32 cash on July 1,2021 , signing a six-month note payable. b. Purchased equipment for $35 cash on July 2, 2021 F Issued additional shares of common stock for $6 on July 3 d. Purchased software on July 4,$2 cast e. Purchased supplies on July 5 on account for future use, 58. t. 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 recelvable on December 8,$8. LPaid accounts payable on December 9,$9. I Recelved a $2 cash deposit on December 10 fram a hospital for a contract to start January 5, 2022. Fantactions during 2021 (summarized in theusands of dollars) follow: a abrromed 332 cash on July t, 2021, signeng a sik-monen note payabe. a. Purchased equipment for 535 eash on duy 2. 2021 e. Issued additonal shares of common stock for $6 on duly 3 d. Purchesed softwsie on July 4,$2 cash. e. Purchated supplies on Jily b on account for hatie iae, 511. c Recorded revenues on Decerber 6 of SCk, inchiding 59 on credit and 557 received in eash. 9. Aecogoised salaries and woges expense on December 7 of 540 paid in cash h. Collected accounts recelvathe on December 8, 48. i Paid accounts paysbie on December 9.19. 2. Aecelwed a $2 cash deposh on December to trom a nospital for a comract to start Jaruary 5,2022 . Data for acqusting joumal entries an December 31: * Amontiation for 2021, 51. t Supplies of $2 were counted on Docember 31, 2021. m. Depreciation for 2021, 53 . n Accrued inserest of $1 an notes paysbie. a solnies and wages incurred but not yet paid or recorded, I4. a income tax expense for 2021 was \$3 end vill be paid in 2022. Required: 5. Pregare an acjusted thial bolance. (Enter your answers in theusands of dollars.)

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