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nts eBook Hint eferences Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade,
nts eBook Hint eferences Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, invested $13,250 cash in the company in exchange for common stock. b. The company purchased supplies for $384 cash. c. The company purchased $7,327 of equipment on credit. d. The company received $1,564 cash for services provided to a customer. e. The company paid $7,327 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,809 for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,180 cash as partial payment for the account receivable created in transaction f. i. The company paid a $1,000 cash dividend to the owner (sole shareholder).
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