Data for adjusting journal entries as of December 31: k. Unrecorded amortization for the year on...

 

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Data for adjusting journal entries as of December 31: k. Unrecorded amortization for the year on software, $5. 1. Supplies counted on December 31, 2021, $10. m. Depreciation for the year on the equipment, $6. n. Interest of $1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022. 7. Prepare the closing journal entry. (If no entry is required for a transaction/event, select "No Journal E account field. Enter your answers in thousands of dollars.) Data for adjusting journal entries as of December 31: k. Unrecorded amortization for the year on software, $5. 1. Supplies counted on December 31, 2021, $10. m. Depreciation for the year on the equipment, $6. n. Interest of $1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022. 7. Prepare the closing journal entry. (If no entry is required for a transaction/event, select "No Journal E account field. Enter your answers in thousands of dollars.)