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Chrome File Edit View History Bookmarks x - ay It Right Course: BA120 CX Profiles Tab Window Help 89% [4] Thu 8:15 AM McGraw-Hill
Chrome File Edit View History Bookmarks x - ay It Right Course: BA120 CX Profiles Tab Window Help 89% [4] Thu 8:15 AM McGraw-Hill Educ x Question 3 - PRO X Post Attendee - Z X Google Translate x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewco... PROJECT 1: Chapters 1-2 Saved Save & Exit Check my work Update Help Submit 3 Part 1 of 2 25 points Skipped Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, invested $100,750 cash in the company in exchange for common stock. b. The company purchased supplies for $1,250 cash. c. The company purchased $10,050 of equipment on credit. d. The company received $15,500 cash for services provided to a customer. e. The company paid $10,050 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,700 for services provided. g. The company paid $1,225 cash for the monthly rent. h. The company collected $1,125 cash as partial payment for the account receivable created in transaction f eBook i. The company paid a $10,000 cash dividend to the owner (sole shareholder). Hint Print References Required: 1. Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; Common Stock; Dividends; Services Revenue; and Rent Expense. 2. Post entries to T-accounts and the ending balances will be calculated. Mc Graw Hill 29 < Prev 3 4 of 4 Next > tv x P
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