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a) Kacy Spade, owner, invested $18,000 cash in the company in exchange for common stock. b) The company purchased office supplies for $522 cash. c)

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a) Kacy Spade, owner, invested $18,000 cash in the company in exchange for common stock.

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b) The company purchased office supplies for $522 cash.

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c) The company purchased $9,954 of office equipment on credit.

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d) The company received $2,124 cash as fees for services provided to a customer.

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e) The company paid $9,954 cash to settle the payable for the office equipment purchased in transaction c.

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f) The company billed a customer $3,816 as fees for services provided.

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g) The company paid $530 cash for the monthly rent.

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h) The company collected $1,603 cash as partial payment for the account receivable created in transaction f.

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i) The company paid $1,000 cash in dividends to the owner (sole shareholder).

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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $522 cash. c. The company purchased $9,954 of office equipment on credit. d. The company received $2,124 cash as fees for services provided to a customer. e. The company paid $9,954 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,816 as fees for services provided. g. The company paid $530 cash for the monthly rent. h. The company collected $1,603 cash as partial payment for the account receivable created in transaction f i. The company paid $1,000 cash in dividends 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. Use the letters beside each transaction to identify entries

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