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Prepare general journal entries to record the transactions below for Spade Company by using the follow- Exercise 2.9 ing accounts: Cash; Accounts Receivable; Office Supplies;

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Prepare general journal entries to record the transactions below for Spade Company by using the follow- Exercise 2.9 ing accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment:; Accounts Payable; Recording effects of K. Spade, Capital: K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transactions in T-accounts transaction to identify entries. After recording the transactions, post them to T-accounts, which serves as A the general ledger for this assignment. Determine the ending balance of each T-account. a. Kacy Spade, owner, invested $100,750 cash in the company b. The company purchased office supplies for $1,250 cash. c. The company purchased S10,050 of office equipment on credit. d. The company received S15,500 cash as fees for services provided to a customer. e. The company paid $10,050 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $2,700 as fees for services provided. 9. The company paid $1,225 cash for the monthly rent. h. The company collected S1,125 cash as partial payment for the account receivable created in transaction f. Check Cash i. Kacy Spade withdrew $10.000 cash from the company for personal use. balance, $94,850

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