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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

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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 in exchange for common stock. 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. 9. The company paid $1,225 cash for the monthly rent. h. The company collected $1,125 cash as partial payment for the account recelvable created in transaction f 1. The company paid a $10,000 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report dote. (Hint: Accounts must be listed in financial statement order: Assets first, ollowed by liabilities, equity, revenues and expenses.) 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.)

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