Q$2$

$[$The following information applies to the questions displayed below.$]$

The transactions of Spade Company appear below.

a$.$ K$.$ Spade, owner, invested $$19,000$ cash in the company in exchange for common stock.

b$.$ The company purchased supplies for $$551$ cash.

c$.$ The company purchased $$10,507$ of equipment on credit.

d$.$ The company received $$2,242$ cash for services provided to a customer.

e$.$ The company paid $$10,507$ cash to settle the payable for the equipment purchased in transaction $c.$

f$.$ The company billed a customer $$4,028$ for services provided.

g$.$ The company paid $$525$ cash for the monthly rent.

h$.$ The company collected $$1,692$ 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$).$

Prepare the Trial Balance. Use May $31$ as its report date.

Note: Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and

expenses.