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Requlred Information Use the following information for Exercises 1 3 - 1 4 below. ( Algo ) The following information dpplies to the questions displdyed
Requlred Information
Use the following information for Exercises below. Algo
The following information dpplies to the questions displdyed beiow
The transactions of Spade Company appear below.
o K Spade, owner, invested $ cash in the company in exchange for common stock
b The company purchased suoplies for $ cash
c The company purchssed $ of equipmem on credit.
d The comptoty received $ cash for services provided to a customer
e The company paid $ cash to sentic the payabie for the equ pment purchased in tranaaction c
The compary bilied a customer $ for services provided.
The compsoy gaid $ cesh for the manthly rent.
h The company collected cash as potal payment for the accourt recelvale created in transaction t
The company paid a $ cash cividend to the owner sole sharehoider
Exerclse Algo Preporing a trial balance LO P
Drepere the Trial Bstante Use May as iss report date.
Note: Hin: Accounts must be ilsteci in finencial statement order: Assets first, followed by llabiltios, equily, revenues and experisea.
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