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Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below. o. Kacy Spade, owner, invested $19,500 cash in

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Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below. o. 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 $525 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 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: Complete this question by entering your answers in the tabs below. 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. Journal entry worksheet Kacy Spade, owner, invested $19,500 cash in the company in exchange for common stock. Note: Enter debits before credith. Required 1 Required 2

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