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help please Sved Required Information Use the following information for Exercises 13-14 below. (Algo) [The following intormation applies to the questions displayed below) The transactions
help please
Sved Required Information Use the following information for Exercises 13-14 below. (Algo) [The following intormation applies to the questions displayed below) The transactions of Spade Company appear below a. K. Spade, owner, invested $11.750 cash in the company in exchange for common stock b. The company purchased supplies for $341 cash c. The company purchased $6,498 of equipment on credit d. The company received $1387 cash for services provided to a customer e. The company paid $6,498 cash to settle the payable for the equipment purchased in transaction 1. The company billed a customer $2,491 for services provided 9. The company paid $515 cash for the monthly rent n. The company collected $1,046 cash as partial payment for the account receivable created in transaction 1. The company paid a $1,200 cash dividend to the owner (sole sharebolden Exercise 2-13 (Algo) Recording effects of transactions in T-accounts LO A1 Required: 1. Prepare general journal entries to record the transactions or 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-occounts and the ending balances will be calculated Step by Step Solution
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