Required information

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

The transactions of Spade Company appear below.

a$.$ K$.$ Spade, owner, invested $$100,750$ cash in the company.

b$.$ The company purchased supplies for $$1,250$ cash.

c$.$ The company purchased $$10,050$ of equipment on credit.

d$.$ The company received $$15,500$ cash for services provided to a customer.

e$.$ The company paid $$10,050$ cash to settle the payable for the equipment purchased in transaction $c.$

f$.$ The company billed a customer $$2,700$ for services provided.

g$.$ The company paid $$1,225$ cash for the monthly rent.

h$.$ The company collected $$1,125$ cash as partial payment for the account receivable created in transaction $f.$

i$.$ K$.$ Spade withdrew $$10,000$ cash from the company for personal use.

Required:

Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; K$.$ Spade, Capital; K$.$ Spade, Withdrawals; Services Revenue; and Rent Expense.

Post entries to T$-$accounts and the ending balances will be calculated.