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3 22:39 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,000 cash in the company in exchange for common stock.
3 22:39 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $464 cash. c. The company purchased $8,848 of office equipment on credit. d. The company received $1,888 cash as fees for services provided to a customer. e. The company paid $8,848 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,392 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,425 cash as partial payment for the account receivable created in transaction f I. The company paid a $1,200 cash dividend to the owner (sole shareholder). Required: 1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash, Accounts Receivable: Office Supplies: Office Equipment, Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Complete this question by entering your answers in the tab below. Required 1 record the transactions above for Spade Company by using the following accounts: Cash; Acco Farned and Rent Expense. U
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