Question: pls help fill in with the correct format please thats provided Brothers Mike and Tim Hargenrater began operations of their tool and die shop (H&H

pls help fill in with the correct format please thats provided
pls help fill in with the correct format please thats provided Brothers
Mike and Tim Hargenrater began operations of their tool and die shop
(H\&H Tool, Inc.) on January 1, 2019. The annual reporting period ends
December 31. The trial balance on January 1, 2020, follows: Transactions during

Brothers Mike and Tim Hargenrater began operations of their tool and die shop (H\&H Tool, Inc.) on January 1, 2019. The annual reporting period ends December 31. The trial balance on January 1, 2020, follows: Transactions during 2020 follow: a. Borrowed $15,000 cash on a five-year, 8 percent note payable, dated March 1, 2020 . b. Purchased land for a future building site; paid cash, $13,000. c. Earned $215,000 in revenues for 2020 , including $52,000 on credit and the rest in cash. d. Sold 4,000 additional shares of capital stock for cash at $1 market value per share on January 1,2020 . e. Incurred $89,000 in wages expense and $25,000 in miscellaneous expenses for 2020 , with $20,000 on credit and the rest paid in cash. f. Collected accounts receivable, $34,000. g. Purchased other assets, $15,000 cash. h. Purchased supplies on account for future use, $27,000. 1. Paid accounts payable, $26,000. j. Signed a three-year $33,000 service contract to start February 1, 2021 k. Declared cash dividends on December 1,$25,000, which were paid by December 31. [Hint: Prepare two entries.] Data for adjusting entries: 1. Supplies counted on December 31, 2020, $18,000. n. Depreciation for the year on the equipment, $10,000. n. Interest accrued on notes payable (to be computed) o. Wages earned by employees since the December 24 payroll but not yet paid, $16,000. p. Income tax expense $11,000, payable in 2021 Adjusted your answer for c. as a whole percentage rounde

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