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Required information The following information applles 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 applles to the questions displayed below] The transactions of Spade Company appear below. a. K. Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased supplies for $508 cash. c. The company purchased $9,678 of equipment on credit: d. The company recelved $2,065 cash for services provided to a customer. e. The company pald $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, 9. The company paid $520 cash for the monthly rent. h. The company collected $1,558 cash as partial payment for the account recelvable created in transaction 1 . i. The company paid a 51,100 cash dividend to the owner (sole shareholder). Prepare the Tial Balance: Use May 31 as its report date. (Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, tevenues and expenses.) Prepare the Trial Balance. Use May 31 as its report date. (Hint: Accounts must be listed in financial statement order: Ast followed by liabilities, equity, revenues and expenses.)

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