! Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,500 cash in the company in exchange for common stock. b. The company purchased supplies for $421 cash. c. The company purchased $8,019 of equipment on credit. d. The company received $1,711 cash for services provided to a customer. e. The company paid $8,019 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,074 for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,291 cash as partial payment for the account receivable created in transaction f. i. The company paid a $1,100 cash dividend to the owner (sole shareholder). Required: 1. 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. 2. Post entries to T-accounts and the ending balances will be calculated. Prepare the Trial Balance. Use May 31 as its report date. Totals SPADE COMPANY Trial Balance May 31 Debit Credit