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Kacy Spade, owner, invested $10,500 cash in the company in exchange for common stock. The company purchased office supplies for $305 cash. The company purchased

  1. Kacy Spade, owner, invested $10,500 cash in the company in exchange for common stock.
  2. The company purchased office supplies for $305 cash.
  3. The company purchased $5,807 of office equipment on credit.
  4. The company received $1,239 cash as fees for services provided to a customer.
  5. The company paid $5,807 cash to settle the payable for the office equipment purchased in transaction c.
  6. The company billed a customer $2,226 as fees for services provided.
  7. The company paid $525 cash for the monthly rent.
  8. The company collected $935 cash as partial payment for the account receivable created in transaction f.
  9. The company paid a $900 cash dividend to the owner (sole shareholder)

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Journal entry worksheet 1 2. 3 4 5 6 7 8 9 Kacy Spade, owner, invested $10,500 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 Cash Accounts Receivable Balance Balance Office Supplies Office Equipment Balance Balance Accounts Payable Common Stock Balance Balance Dividends Fees Earned Balance Balance Rent Expense

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