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Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,250 cash
Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,250 cash in the company in exchange for common stock. b. The company purchased supplies for $413 cash. c. The company purchased $7,880 of equipment on credit d. The company received $1,682 cash for services provided to a customer e. The company paid $7,880 cash to settle the payable for the equipment purchased in transaction a f. The company billed a customer $3,021 for services provided g. The company paid $530 cash for the monthly rent. h. The company collected $1,269 cash as partial payment for the account receivable created in transaction f. i. The company paid a $1,000 cash dividend to the owner (sole shareholder). 1 2 3 4 5 6 17 8 9 Kacy Spade, owner, invested $14,250 cash in the company in exchange for common stock. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list EX 1 Kacy Spade, owner, invested $14,250 cash in the company in exchange for common stock. er. 2 The company purchased supplies for $413 cash. 3 The company purchased $7,880 of equipment on credit. 4 The company received $1,682 cash for services provided to a customer. Cre 5 The company paid $7,880 cash to settle the payable for the equipment purchased in transaction c. 6 The company billed a customer $3,021 for services provided Note: journal entry has been entered View transaction list EX: - to a customer. 5 The company paid $7,880 cash to settle the payable for the equipment purchased in transaction c. 6 The company billed a customer $3,021 for services provided. 7 The company paid $530 cash for the monthly rent. 8 The company collected $1,269 cash as partial payment for the account receivable created in transaction f. 9 The company paid a $1,000 cash dividend to the owner (sole shareholder). Note : = journal entry has been entered
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