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QUI MULT The following information applies to the questions displayed below) The transactions of Spade Company appear below, . K. Spade, owner, invested $17,250 cash
QUI MULT The following information applies to the questions displayed below) The transactions of Spade Company appear below, . K. Spade, owner, invested $17,250 cash in the company in exchange for common stock, b. The company purchased supplies for $500 cash c. The company purchased $9,539 of equipment on credit. d. The company received $2,036 cash for services provided to a customer. e. The company pold $9,539 cash to settle the payable for the equipment purchased in transaction t. The company billed a customer $3,657 for services provided 9. The company paid $530 cash for the monthly rent, h. The company collected $1,536 cash as partial payment for the account receivable created in transaction , L. The company paid a $900 cash dividend to the owner (sole shareholder) Prepare the Trial Balance. Use May 31 as its report date. (Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses.) SPADE COMPANY Trial Balance Mayat Debit Credit
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