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Required information Use the followlng Informatlon for Exerclses 13-14 below. (Algo) [The following information applles to the questions displayed below.] The transactlons of Spade Company

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Required information Use the followlng Informatlon for Exerclses 13-14 below. (Algo) [The following information applles to the questions displayed below.] The transactlons of Spade Company appear below. a. K. Spade, owner, Invested $17,250 cash In the company in exchange for common stock. b. The company purchased supplies for $500 cash. c. The company purchased $9,539 of equipment on credit. d. The company recelved $2,036 cash for services provided to a customer. e. The company pald $9,539 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,657 for services provided. g. The company pald $520 cash for the monthly rent. h. The company collected $1,536 cash as partlal payment for the account recelvable created in transaction f. L. The company pald a $900 cash dividend to the owner (sole shareholder). Exerclse 2-14 (Algo) Preparing a trlal balance LO P1 irepare the Trial Balance. Use May 31 as its report date. (Hint: Accounts must be listed in financlal statement order: Assets first, ollowed by liabilitles, equity. revenues and expenses.)

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