[The following information applies to the questions displayed below.) Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash Accounts Receivable Supplies 11 Land 0 Equipment 65 Accumulated Depreciation Software 21 Accumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Interest Payable Income Tax Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Depreciation Expense Amortization Expense Income Tax Expense Interest Expense Supplies Expense Totals $105 $105 0 Transactions and events during 2018 (summarized in thousands of dollars) follow: a. Borrowed $13 cash on March 1 using a short-term note. b. Purchased land on March 2 for future building site; paid cash, $7. c. Issued additional shares of common stock on April 3 for $28. d. Purchased software on July 4, $12 cash. e. Purchased supplies on account on October 5 for future use, $17. Paid accounts payable on November 6, $14. 9. Signed a $30 service contract on November 7 to start February 1, 2019 h. Recorded revenues of $170 on December 8, including $45 on credit and $125 collected in cash. L Recognized salaries and wages expense on December 9, $90 paid in cash. 4. Collected accounts receivable on December 10, $29. Data for adjusting journal entries as of December 31: k Unrecorded amortization for the year on software, $5. 1. Supplies counted on December 31, 2018, $11. m. Depreciation for the year on the equipment, $7. k. Unrecorded amortization for the year on software, $5. Supplies counted on December 31, 2018, $11. m. Depreciation for the year on the equipment, $7. n. Interest of $2 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $11. p. Income tax for the year was $9. It will be paid in 2019. 12 1,3,5 and 8. Set up T-accounts for the accounts on the trial balance. Enter beginning balances and post the transactions (ara adjusting entries (-p), and closing entry. (Enter your answers in thousands of dollars.) Cash Accounts Receivable Beg. Bal Beg Bal. nces End. Bal End. Bal Supplies Land Beg. Bal Beg. Bal End. Bal. End. Bal Equipment Accumulated Depreciation Beg Bal Beg. Bal End. Bal End. Bal Software Accumulated Amortization Beg. Bal Beg Bal Required information Equipment Accumulated Depreciation 2 Beg. Bal. Beg. Bal End. Bal End. Bal Software Accumulated Amortization Beg. Bal Beg. Bal. End, Bal es End. Bal Accounts Payable Notes Payable (short-term) Beg. Bal. Beg Bal End. Bal. End. Bal Salaries and Wages Payable Interest Payable Beg. Bat. Beg. Bal End, Bal End. Bal Income Tax Payable Common Stock Beg. Bal. Beg. Bal. End. Bal. End. Bal Retained Earnings Service Revenue Beg. Bal. Beg Bal Required information Income Tax Payable Common Stock 2 Beg. Bal Beg. Bal End. Bal. End. Bal. Retained Earnings Service Revenue Beg Bal Beg Bal End. Bal. End. Bal. 0 Salaries and Wages Expense Depreciation Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal. Amortization Expense Income Tax Expense Beg. Bal. Beg. Bal End, Bal. 0 End. Bal. 0 Interest Expense Supplies Expense Beg. Bal. Beg. Bal. End. Bal End. Bal