started this problem but then got confused
The transactions of Spade Company appear below a. Kacy Spade, owner, invested $14,000 cash in the company in exchange for common stock b. The company purchased office supplies for $406 cash. c. The company purchased $7,742 of office equipment on credit. d. The company received $1652 cash as fees for services provided to a customer e. The company paid $7,742 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $2,968 as fees for services provided g. The company paid $525 cash for the monthly rent h. The company collected $1,247 cash as partial payment for the account receivable created in transactiont i. The company paid $1000 cash in dividends to the owner (sole shareholder. Required 1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable: Office Supplies: Office Equipment Accounts Payable: Common Stock: Dividends; Fees Eamed and Rent Expense. Use the letters beside each transaction to identify entries 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required Required 2 Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. View journal entry Prev 2Next > Help Save& Esit Submit 1 Ofice supplies Ofice equipment Accounts payable 7,742 Fees earmed ,652 Accounts payable 7.742 2.968 Fees eaned 2.968 Rent expense 1247 Accounts receivable 1,000 Chapber 2 Homework Help Save&Exit Submit Required: t Prepare general joumal entries to record the transactions above for Spade Company by using the following accounts: Cash Accounts Receivable, Office Supplies: Office Equipment: Accounts Payable, Common Stock: Dividends: Fees Earned, and Rent Expense. Use the letters beside each transaction to idensiy entries 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required 1equired 2 Post the above yournal entries to T accounts, which serve as the general ledger for this assignment. 7742 1000 Balance 742 Balance Balance Balance Balance Balance The transactions of Spade Company appear below a. Kacy Spade, owner, invested $14,000 cash in the company in exchange for common stock b. The company purchased office supplies for $406 cash. c. The company purchased $7,742 of office equipment on credit. d. The company received $1652 cash as fees for services provided to a customer e. The company paid $7,742 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $2,968 as fees for services provided g. The company paid $525 cash for the monthly rent h. The company collected $1,247 cash as partial payment for the account receivable created in transactiont i. The company paid $1000 cash in dividends to the owner (sole shareholder. Required 1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable: Office Supplies: Office Equipment Accounts Payable: Common Stock: Dividends; Fees Eamed and Rent Expense. Use the letters beside each transaction to identify entries 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required Required 2 Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. View journal entry Prev 2Next > Help Save& Esit Submit 1 Ofice supplies Ofice equipment Accounts payable 7,742 Fees earmed ,652 Accounts payable 7.742 2.968 Fees eaned 2.968 Rent expense 1247 Accounts receivable 1,000 Chapber 2 Homework Help Save&Exit Submit Required: t Prepare general joumal entries to record the transactions above for Spade Company by using the following accounts: Cash Accounts Receivable, Office Supplies: Office Equipment: Accounts Payable, Common Stock: Dividends: Fees Earned, and Rent Expense. Use the letters beside each transaction to idensiy entries 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required 1equired 2 Post the above yournal entries to T accounts, which serve as the general ledger for this assignment. 7742 1000 Balance 742 Balance Balance Balance Balance Balance
