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a. K. Spade, owner, invested $16,250 cash in the company in exchange for common stock. b. The company purchased supplies for $471 cash. c. The

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a. K. Spade, owner, invested $16,250 cash in the company in exchange for common stock. b. The company purchased supplies for $471 cash. c. The company purchased $8,986 of equipment on credit d. The company received $1,918 cash for services provided to a customer e. The company paid $8,986 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,445 for services provided. g. The company paid $535 cash for the monthly rent. h. The company collected $1,447 cash as partial payment for the account receivable created in transaction 1 1. The company paid a $900 cash dividend to the owner (sole shareholder). K. Spade, owner, invested $16,250 cash in the company in exchange for common stock. Note: Enter debits before credits. Transaction General Journal Debit Credit a. The company purchased supplies for $471 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit b. The company purchased $8,986 of equipment on credit. Note: Enter debits before credits. Transaction General Journal Debit Credit C. The company received $1,918 cash for services provided to a customer. Note: Enter debits before credits. Transaction d. General Journal Debit Credit The company paid $8,986 cash to settle the payable for the equipment purchased in transaction c. Note: Enter debits before credits. Transaction General Journal Debit Credit e. The company billed a customer $3,445 for services provided. Note: Enter debits before credits. General Journal Debit Credit Transaction f.

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