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Required information Skip to question [ The following information applies to the questions displayed below. ] The transactions of Spade Company appear below. K .
Required information
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The following information applies to the questions displayed below.
The transactions of Spade Company appear below.
K Spade, owner, invested $ cash in the company in exchange for common stock.
The company purchased supplies for $ cash.
The company purchased $ of equipment on credit.
The company received $ cash for services provided to a customer.
The company paid $ cash to settle the payable for the equipment purchased in transaction c
The company billed a customer $ for services provided.
The company paid $ cash for the monthly rent.
The company collected $ cash as partial payment for the account receivable created in transaction f
The company paid a $ cash dividend to the owner sole shareholder
Required:
Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; Common Stock; Dividends; Services Revenue; and Rent Expense.
Post entries to Taccounts and the ending balances will be calculated.
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