! 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. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 Kacy Spade, owner, invested $14,500 cash in the company in exchange for common stock. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry View general journal Post entries to T-accounts and the ending balances will be calculated. Cash Balance Balance Balance Supplies Accounts Payable Balance Balance Balance Accounts Receivable Equipment Common Stock Balance Balance Dividends Rent Expense Balance Services Revenue < Required 1 Required 2 >