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could you label it by credit and debit for #1 and by transaction alphabet for #2 The transactions of Spade Company appear below. a. K.

could you label it by credit and debit for #1 and by transaction alphabet for #2 image text in transcribed
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The transactions of Spade Company appear below. a. K. Spade, owner, invested $17750 cash in the company in exchange for common stock. b. The company purchased supplies for $515 cash. c. The company purchased $9,816 of equipment on credit. d. The company received $2,095 cash for services provided to a customer. e. The company paid $9,816 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,763 for services provided. 9. The company paid $515 cash for the monthly rent. h. The company collected $1,580 cash as partial payment for the account receivable created in transaction f. 1. The company paid a $1,000 cash dividend to the owner (sole shareholder). 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

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