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3 The transactions of Spade Company appear below. Book a. Kacy Spade, owner, invested $100,750 cash in the company. b. The company purchased office supplies
3 The transactions of Spade Company appear below. Book a. Kacy Spade, owner, invested $100,750 cash in the company. b. The company purchased office supplies for $1,250 cash. C. The company purchased $10.050 of office equipment on credit d. The company received $15,500 cash as fees for services provided to a customer e. The company paid $10,050 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $2,700 as fees for services provided. g. The company paid $1,225 cash for the monthly rent h. The company collected $1,125 cash as partial payment for the account receivable created in transaction f. i. Kacy Spade withdrew $10,000 cash from the company for personal use. Hint brint erences 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, K. Spade, Capital, K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required 1 Required 2 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; K. Spade, Capital, K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. View transaction list View journal entry worksheet 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; K. Spade, Capital; K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. View transaction list View journal entry worksheet No Debit Credit Transaction General Journal No Transaction Recorded 1 a 2 b. No Transaction Recorded Required 2 > B Post the above journal entries to T-accounts, which serve as the general ledger for this assignment. Cash Accounts Receivable Balance Dok Balance 0 Ent Office Supplies int Office Equipment ences Balance Balance 0 Accounts Payable K. Spade, Capital Balance 0 Balance 0 K. Spade, Withdrawals Fees Earned Balance Balance Rent Expense B Balance 0 Balance 0 Accounts Payable K. Spade, Capital Balance ook Balance 0 int K. Spade, Withdrawals Fees Earned rint rences Balance 0 Balance 0 Rent Expense Balance 0
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