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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
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 $10,250 cash in the company in exchange for common stock. b. The company purchased supplies for $297 cash. c. The company purchased $5,668 of equipment on credit. d. The company received $1,210 cash for services provided to a customer. e. The company paid $5,668 cash to settle the payable for the equipment purchased in transaction.c f. The company billed a customer $2,173 for services provided. g. The company paid $515 cash for the monthly rent h. The company collected $913 cash as partial payment for the account receivable created in transaction i. The company paid a $900 cash dividend to the owner (sole shareholder). Required information Answer is not complete. SPADE COMPANY Trial Balance Cash Supplies Equipment Accounts receivable Accounts payable Common stock Services revenue Rent expense Dividends Totals May 31 Debit Credit $ 4.993 297 5,668 1,260 $ 0 10,250 3.383 515 900X $ 13,633 $ 13.633
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