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Prepare the Trial Balance. Use May 31 as its report date. Answer is complete but not entirely correct. Prepare the Trial Balance. Use May 31
Prepare the Trial Balance. Use May 31 as its report date. Answer is complete but not entirely correct. Prepare the Trial Balance. Use May 31 as its report date. Answer is not complete. Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, invested $14,250 cash in the company. b. The company purchased supplies for $413 cash. c. The company purchased $7,880 of equipment on credit. d. The company received $1,682 cash for services provided to a customer. e. The company paid $7,880 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,021 for services provided. g. The company paid $535 cash for the monthly rent. h. The company collected $1,269 cash as partial payment for the account receivable created in transaction f. i. K. Spade withdrew $1,200 cash from the company for personal use
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