Required information

C$4-2($Algo$)$ From Recording Transactions $($Including Adjusting Journal Entries$)$ to Preparing Financial Statements and Closing Journal Entries $($Chapters $2,3,$ and $4)[$LO $2-3,$ LO $3-3,$ LO $4-1,$ LO $4-2,$ LO $4-3,$ LO $4-4,$ LO $4-5,[$O $4-6]$

$[$The following information applies to the questions displayed below.$]$

Brothers Harry and Herman Hausyerday began operations of their machine shop $($H & H Tool, Incorporated$)$ on January $1,2020.$ The annual reporting period ends December $31.$ The trial balance on January $1,2021,$ follows $($the amounts are rounded to thousands of dollars to simplify$)$:

$\backslash$table$[[$Account Titles,Debit,Credit$],[$Cash$,$$$2,],[$Accounts Receivable,$6,],[$Supplies$,13,],[$Land$,0,],[$Equipment$,64,],[$Accumulated Depreciation,$18,5],[$Software$,,4],[$Accumulated Amortization,$4,],[$Accounts Payable,,$0],[$Notes Payable $($short$-$term$),0,],[$Salaries and Wages Payable,,$0],[$Interest Payable,,$0],[$Income Tax Payable,,$81],[$Common Stock,$0,],[$Retained Earnings,$0,],[$Service Revenue,$0,],[$Salaries and Wages Expense,$0,],[$Depreciation Expense,$0,],[$Amortization Expense,$0,],[$Income Tax Expense,$0,],[$Interest Expense,$103,$$$103$