Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $12,000 cash in the company in exchange for common stock b. The company purchased office supplies for $348 cash. c. The company purchased $6,636 of office equipment on credit. d. The company received $1,416 cash as fees for services provided to a customer. e. The company paid $6,636 cash to settle the payable for the office equipment purchased in transaction c. 4. The company billed a customer $2,544 as fees for services provided g. The company paid $525 cash for the monthly rent. h. The company collected $1,068 cash as partial payment for the account receivable created in transaction 1. The company paid a $1,100 cash dividend 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 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Journal entry worksheet 3 4 5 6. 8 9 Kacy Spade, owner, invested $12,000 cash in the company in exchange for common stock. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal Post the above journal entries to T-accounts, which serves as the general ledger for this assignment. Cash Accounts Receivable Balance 0 BOOK Balance Office Supplies Office Equipment ALK Hences Balance Balance Accounts Payable Common Stock 0 0 Balance Balance Accounts Payable Common Stock Balance 0 Balance Dividends Fees Earned 0 Balance 0 Balance Rent Expense Balance 0