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Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below. ts a. Kacy Spade, owner, invested $15,500 cash

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Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below. ts a. Kacy Spade, owner, invested $15,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $450 cash. c. The company purchased $8,572 of office equipment on credit. d. The company received $1,829 cash as fees for services provided to a customer. e. The company paid $8,572 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,286 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,380 cash as partial payment for the account receivable created in transaction I. The company paid a $900 cash dividend to the owner (sole shareholder). pped Book erences 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 Stocic Dividends; Fees Earned; and Rent Expense. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required Required 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 identify entries. View transaction list Journal entry worksheet 2 3 Kacy Spade, owner, invested $15,500 cash in the company in exchange for common stock. Note: Enter debits before credits. General Journal Transaction Debit Credit a. Record entry Clear entry View general journal ( Prev

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