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Problems - Chapter 2 - DUE 2/14 at 11:59pm Saved The transactions of Spade Company appear below. 3 5 points a. Kacy Spade, owner, invested
Problems - Chapter 2 - DUE 2/14 at 11:59pm Saved The transactions of Spade Company appear below. 3 5 points a. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common stock b. The company purchased office supplies for $363 cash. c. The company purchased $6,913 of office equipment on credit d. The company received $1,475 cash as fees for services provided to a customer e. The company paid $6,913 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $2,650 as fees for services provided 9. The company paid $520 cash for the monthly rent. h. The company collected $1,113 cash as partial payment for the account receivable created in transaction 1. The company paid a $1200 cash dividend to the owner (sole shareholder). eBook Prepare the Trial Balance. Use May 31 as its report date. References SPADE COMPANY Trial Balance May 31 Debit Credit Totals $ 0 $ 0
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