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Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $23 cash on July 1, 2018, signing a six-month note payable. b. Purchased equipment

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Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $23 cash on July 1, 2018, signing a six-month note payable. b. Purchased equipment for $26 cash on July 2, 2018 c Issued additional shares of common stock for $6 on July 3. d. Purchased software on July 4, $2 cash. e Purchased supplies on July 5 on account for future use, $8. Recorded revenues on December 6 of $57, including $9 on credit and $48 received in cash. g. Recognized salaries and wages expense on December 7 of $31, paid in cash. n. Collected accounts receivable on December 8, $8. Paid accounts payable on December 9, $9. J. Received a $2 cash deposit on December 10 from a hospital for a contract to start January 5, 2019. Data for adjusting journal entries on December 31: k. Amortization for 2018, $2. 1. Supplies of $2 were counted on December 31, 2018, m. Depreciation for 2018. $3. n. Accrued interest of $1 on notes payable. o Salaries and wages incurred but not yet paid or recorded, $4 p. Income tax expense for 2018 was $3 and will be paid in 2019

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