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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 Company

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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 Company appear below. a. K. Spade, owner, invested $18,000 cash in the company. b. The company purchased supplies for $522 cash. c. The company purchased $9,954 of equipment on credit. d. The company recelved $2,124 cash for services provided to a customer e. The company paid $9.954 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,816 for services provided. 9. The company paid $520 cash for the monthly rent. h. The company collected $1,603 cash as partial payment for the account receivable created in transaction f. i. K. Spade withdrew $1,100 cash from the company for personal use. Exercise 2-13 (Algo) Recording effects of transactions in T-accounts LO A1 Required: 1. Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash; Accounts Receivable; Supplies; Equipment: Accounts Payable; K. Spade, Capital; K. Spade, Withdrawals; Services Revenue; and Rent Expense. 2. Post entries to T-accounts and the ending balances will be calculated. balances will be calculated. answers in the tabs below. hces will be calculated. lances will be calculated

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