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Use the following information for Exercises 13-14 below. (Algo)

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The transactions of Spade Company appear below.

1. K. Spade, owner, invested $15,250 cash in the company in exchange for common stock.
2. The company purchased supplies for $442 cash.
3. The company purchased $8,433 of equipment on credit.
4. The company received $1,800 cash for services provided to a customer.
5. The company paid $8,433 cash to settle the payable for the equipment purchased in transaction c.
6. The company billed a customer $3,233 for services provided.
7. The company paid $525 cash for the monthly rent.
8. The company collected $1,358 cash as partial payment for the account receivable created in transaction f.
9. The company paid a $1,100 cash dividend to the owner (sole shareholder).

Exercise 2-14 (Algo) Preparing a trial balance LO P1

Prepare the Trial Balance. Use May 31 as its report date.

Note: Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses.