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[ The following information applies to the questions displayed below. ] The transactions of Spade Company appear below. K . Spade, owner, invested $ 1
The following information applies to the questions displayed below.
The transactions of Spade Company appear below.
K Spade, owner, invested $ cash in the company.
The company purchased supplies for $ cash.
The company purchased $ of equipment on credit.
The company received $ cash for services provided to a customer.
The company paid $ cash to settle the payable for the equipment purchased in transaction c
The company billed a customer $ for services provided.
The company paid $ cash for the monthly rent.
The company collected $ cash as partial payment for the account receivable created in transaction f
K Spade withdrew $ cash from the company for personal use.
Required:
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.
Post entries to Taccounts and the ending balances will be calculated.
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