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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 $17,500 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 $17,500 cash in the company. b. The company purchased supplies for $508 cash. c. The company purchased $9,678 of equipment on credit. d. The company received $2,065 cash for services provided to a customer. e. The company paid $9,678 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,710 for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1,558 cash as partial payment for the account receivable created in transaction f i. K. Spade withdrew $1,000 cash from the company for personal use. Journal entry worksneet The company billed a customer $3,710 for services provided. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 1 2 3 4 5 6 7 8 K. Spade withdrew $1,000 cash from the company for personal use. Note: Enter debits before credits. Transaction i. General Journal Debit Credit Record entry Clear entry S View general journal Required information Post entries to T-accounts and the ending balances will be calculated. Cash Accounts Receivable Ending Balance 0 Ending Balance 0 Ending Balance Supplies Accounts Payable Ending Balance Equipment 0 K. Spade, Capital Ending Balance Accounts Payable K. Spade, Withdrawals 0 Ending Balance K. Spade, Capital 0 Services Revenue Ending Balance Ending Balance 0 Rent Expense Ending Balance Prev 1 2 of 5 Next art 2 of 2 22 bints 02:33:19 eBook Hint Print References Prepare the Trial Balance. Use May 31 as its report date. SPADE COMPANY Trial Balance May 31 Debit Credit Totals $ 0 $ 0
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