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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 $13,500 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 $13,500 cash in the company in exchange for common stock. b. The company purchased supplies for $392 cash. c. The company purchased $7,466 of equipment on credit. d. The company recelved $1,593 cash for services provided to a customer. e. The company paid $7,466 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,862 for services provided. g. The company pald $515 cash for the monthly rent. h. The company collected $1,202 cash as partial payment for the account recelvable created in transaction f. i. The company paid a $800 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 Recelvable; 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. Complete this question by entering your answers in the tabs below

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