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choices for each line are: accounts payable, accounts recievable, cash, common stock, dividends, fees earned, office equipment, office supplies, rent expense a. Kacy Spade, owner,

choices for each line are: accounts payable, accounts recievable, cash, common stock, dividends, fees earned, office equipment, office supplies, rent expense image text in transcribed
a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a custor e. The company paid $9,678 cash to settle the payable for the office equipmen purchased in transaction c. f. The company billed a customer $3,710 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,558 cash as partial payment for the account receivable created in transaction f. i. The company paid a $800 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report date. SPADE COMPANY Trial Balance May 31 Debit Credit Totals 2$

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