Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Incorporated) on January 2020. The annual reporting perlod ends December 31. The trial balance on January 1, 2021, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Cash Accounts Receivable Debit $ 2 6 13 Credit Supplies Land Equipment Accunulated Depreciation Software 54 21 Accunulated Amortization Accounts Payable Notes Payable (short-tern) Salaries and Wages Payable Interest Payable Income Tax Payable Connon Stock Retained tarnings Service Revenue Salaries and Wages Expense Depreciation Expense Amortization Expense Income Tax Exреnse Interest Expense Supplies Expense Tot als
Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Incorporated) on January 2020. The annual reporting perlod ends December 31. The trial balance on January 1, 2021, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Cash Accounts Receivable Debit $ 2 6 13 Credit Supplies Land Equipment Accunulated Depreciation Software 54 21 Accunulated Amortization Accounts Payable Notes Payable (short-tern) Salaries and Wages Payable Interest Payable Income Tax Payable Connon Stock Retained tarnings Service Revenue Salaries and Wages Expense Depreciation Expense Amortization Expense Income Tax Exреnse Interest Expense Supplies Expense Tot als
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter4: Completing The Accounting Cycle
Section: Chapter Questions
Problem 4PB: The unadjusted trial balance of Recessive Interiors at January 31, 2019, the end of the year,...
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salaries and wages expense
supplies expense
amoization expense
interest expense
income tax expense
Total
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H AND H TOOLS INC DECEMBER 2021
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