Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $19,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $566 cash. c. The company purchased $10,784 of office equipment on credit. d. The company received $2,301 cash as fees for services provided to a customer. e. The company paid $10,784 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $4,134 as fees for services provided. g. The company paid $530 cash for the monthly rent. h. The company collected $1,736 cash as partial payment for the account receivable created in transaction f. i. The company paid $1,200 cash in dividends 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. Use the letters beside each transaction to identify entries. 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 1 Required 2 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 1 2 34 5 6 7 8 9 > Kacy Spade, owner, invested $19,500 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 Required 1 Required 2 Post the above journal entries to T-accounts, which serve as the general ledger for this assignment. Cash Accounts Receivable Balance Balance Office Supplies Office Equipment Balance Balance Accounts Payable Common Stock Balance Balance Dividends Fees Earned Balance Balance Rent Expense