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Required information (The following information applies to the questions displayed below) The transactions of Spade Company appear below K. Spade, owner, invested $18,250 cash
Required information (The following information applies to the questions displayed below) The transactions of Spade Company appear below K. Spade, owner, invested $18,250 cash in the company in exchange for common stock b. The company purchased supplies for $529 cash The company purchased $10.092 of equipment on credit d. The company received $2154 cash for services provided to a customer The company paid $10,092 cash to settle the payable for the equipment purchased in transaction c The company billed a customer $3,869 for services provided g. The company paid $535 cash for the monthly rent h. The company collected $1625 cash as partial payment for the account receivable created in transaction The company paid a $1,200 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, Comifion Stock Dividends Services Revenue, and Rent Expense 2. Post entries to T-accounts and the ending balances will be calculated Complete this question by entering your answers in the tabs below. Post entries to T-accounts and the ending balances will be calculated. Cash Svance 18.250 18.250 Supplies Accounts Payabl Balance Dividende Balance Rent Expens Balance Accounts Receivable Equipment Balance Comman Stack Required 1 Services Reve 18.250
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