Required Information Use the following information for Exercises 13-14 below. (Algo) [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, invested $17,000 cash in the company in exchange for common stock. b. The company purchased supplies for $493 cash. c. The company purchased $9,401 of equipment on credit. d. The company recelved $2,006 cash for services provided to a customer. e. The company paid $9,401 cash to settie the payable for the equipment purchased in transaction C f. The company billed a customer $3,604 for services provided. 9. The company paid $535 cash for the monthly rent. h. The company collected $1,514 cash as partial payment for the account recelvable created in transaction f. i. The company paid a $1,100 cash dividend to the owner (sole shareholder). Exercise 2-13 (Algo) Recording effects of transactions in T-accounts LO A1 Required: 1. Piepare general journal entries to record the transoctions of Spade Company by using the following accounts: Cash, Accounts Recolvable: Supplies, Equipment, Accounts Payable, Common Stocki Dividends: Services Revenue, and Rent Expense. 2. Post entries to J-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. Required Information Use the following information for Exercises 13-14 below. (Algo) [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, invested $17,000 cash in the company in exchange for common stock. b. The company purchased supplies for $493 cash. c. The company purchased $9,401 of equipment on credit. d. The company recelved $2,006 cash for services provided to a customer. e. The company paid $9,401 cash to settie the payable for the equipment purchased in transaction C f. The company billed a customer $3,604 for services provided. 9. The company paid $535 cash for the monthly rent. h. The company collected $1,514 cash as partial payment for the account recelvable created in transaction f. i. The company paid a $1,100 cash dividend to the owner (sole shareholder). Exercise 2-13 (Algo) Recording effects of transactions in T-accounts LO A1 Required: 1. Piepare general journal entries to record the transoctions of Spade Company by using the following accounts: Cash, Accounts Recolvable: Supplies, Equipment, Accounts Payable, Common Stocki Dividends: Services Revenue, and Rent Expense. 2. Post entries to J-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
