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blem Solving Saved Required information Use the following information for exercises 9 to 10 LO A1, P2 [The following information applies to the questions displayed
blem Solving Saved Required information Use the following information for exercises 9 to 10 LO A1, P2 [The following information applies to the questions displayed below.) The transactions of Spade Company appear below. bed bok a. Kacy Spade, owner, invested $11,500 cash in the company in exchange for common stock b. The company purchased office supplies for $334 cash. c. The company purchased $6,360 of office equipment on credit. d. The company received $1,357 cash as fees for services provided to a customer. e. The company paid $6,360 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $2.438 as fees for services provided. g. The company paid $515 cash for the monthly rent. h. The company collected $1,024 cash as partial payment for the account receivable created in transaction f. 1. The company paid $800 cash in dividends to the owner (sole shareholder), int ences Exercise 2-9 Recording effects of transactions in T-accounts LO A1 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. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment
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