[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 simplify):

Account Titles	Debit	Credit
Cash	$ 4
Accounts Receivable	4
Supplies	11
Land	0
Equipment	59
Accumulated Depreciation		$ 7
Software	14
Accumulated Amortization		6
Accounts Payable		6
Notes Payable (short-term)		0
Salaries and Wages Payable		0
Interest Payable		0
Income Tax Payable		0
Common Stock		66
Retained Earnings		7
Service Revenue	0
Salaries and Wages Expense	0
Depreciation Expense	0
Amortization Expense	0
Income Tax Expense	0
Interest Expense	0
Supplies Expense	0
Totals	$ 92	$ 92

Transactions and events during 2021 (summarized in thousands of dollars) follow:

1. Borrowed $13 cash on March 1 using a short-term note.
2. Purchased land on March 2 for future building site; paid cash, $7.
3. Issued additional shares of common stock on April 3 for $25.
4. Purchased software on July 4, $12 cash.
5. Purchased supplies on account on October 5 for future use, $17.
6. Paid accounts payable on November 6, $14.
7. Signed a $30 service contract on November 7 to start February 1, 2022.
8. Recorded revenues of $158 on December 8, including $39 on credit and $119 collected in cash.
9. Recognized salaries and wages expense on December 9, $84 paid in cash.
10. Collected accounts receivable on December 10, $23.

Data for adjusting journal entries as of December 31:

11. Unrecorded amortization for the year on software, $6.
12. Supplies counted on December 31, 2021, $11.
13. Depreciation for the year on the equipment, $7.
14. Interest of $2 to accrue on notes payable.
15. Salaries and wages earned but not yet paid or recorded, $12.
16. Income tax for the year was $9. It will be paid in 2022.

Required: (I posted previous questions for Journal General, Unadjusted Trail balance, Adjusted Journal Entry, Adjust Trail Balance, Income Statement, Retained Earnings, balance sheet, closing journal)

T accounts. Enter beginning balances and post journal entries from Part 2, the adjusting journal entries from Part 4, and the closing entry from Part 7. (Enter your answers in thousands of dollars.)