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a. K. Spade, owner, invested $100,750 cash in the company in exchange for common stock. b. The company purchased supplies for $1,250 cash. c. The

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a. K. Spade, owner, invested $100,750 cash in the company in exchange for common stock. b. The company purchased supplies for $1,250 cash. c. The company purchased $10,050 of equipment on credit. d. The company received $15,500 cash for services provided to a customer. e. The company paid $10,050 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,700 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. The company paid a $10,000 cash dividend to the owner (sole shareholder)

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