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chegg.com Cambio de contraseta de la cuenta Microsoft- Aliment Financial Accounting (AC256 Chegg Study Textbook Solutions Expert Q&A Study Pack Practice home / study /
chegg.com Cambio de contraseta de la cuenta Microsoft- Aliment Financial Accounting (AC256 Chegg Study Textbook Solutions Expert Q&A Study Pack Practice" home / study / business / accounting / accounting questions and answers/ the transactions of spade company appear below.kacy Question: The transactions of Spade Company appear below. Ka See this question in the app The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $464 cash. C. The company purchased $8,848 of office equipment on credit. d. The company received $1,888 cash as foes for services provided to a customer. e. The company paid $8,848 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,392 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,425 cash as partial payment for the account receivable created in transaction 1. The company paid $1,100 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 identity entries. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Expert
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