The following information applies to the questions displayed below.) The transactions of Spade Company appear below. a. Kacy Spade, ownerinvested $15,000 cash in the company in exchange for common stock b. The company purchased office supplies for $435 cash. c. The company purchased $8,295 of office equipment on credit. d. The company received $1,770 cash as fees for services provided to a customer. e. The company paid $8,295 cash to settle the payable for the office equipment purchased in transactionc 1. The company billed a customer $3,180 as fees for services provided. 9. The company paid $525 cash for the monthly rent. h. The company collected $1,336 cash as partial payment for the account receivable created in transaction 1. The company paid $900 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 Earned; 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 1 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 Junior Morality GG networks - United S. Constitution Flashc.Q Constitution Scave First P blems 6 Saved Required information Journal entry worksheet ASUS Junior Morality GG networks - United S.. Constitution Flashc... Constitution Scave ms Saved Required information Journal entry worksheet 1 2 3 4 5 6 7 8 9 > The company purchased office supplies for $435 cash. Note: Enter debits before credits Transaction General Journal Debit Credit b Record entry Clear entry View general journal Required 2 > SUS ems Saved Required information Journal entry worksheet Saved ms Required information Journal entry worksheet Junior Mality G utuuon Flashc. Constitution Scave... First ems Saved Required information Journal entry worksheet TIS Required information Journal entry worksheet blems Saved Required information Journal entry worksheet The company paid $525 cash for the monthly rent. Note: Enter debits before credits. Transaction 9 General Journal Debit Credit ces Record entry Clear entry View general journal Required 2 Junior Morality GG networks - Un Saved ms Required information Journal entry worksheet The company collected $1,336 cash as partial payment for the account receivable created in transaction f. Note: Enter debits before credits. Transaction h General Journal Debit Credit Record entry Clear entry View general journal Required 2 > Required information Cash Accounts Receivable Balance Balance Office Supplies Office Equipment Balance Balance Accounts Payable Common Stock Balance Balance Dividends Fees Earned Prev Newt Required information Balance Balance Dividends Fees Earned Balance Balance Rent Expense + Balance
