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The transactions of Spade Company: a. Kacy Spade, owner, invested $10,500 cash in the company in exchange for common stock. b. The company purchased office

The transactions of Spade Company:

a.

Kacy Spade, owner, invested $10,500 cash in the company in exchange for common stock.

b.

The company purchased office supplies for $305 cash.

c.

The company purchased $5,807 of office equipment on credit.

d.

The company received $1,239 cash as fees for services provided to a customer.

e.

The company paid $5,807 cash to settle the payable for the office equipment purchased in transaction c.

f.

The company billed a customer $2,226 as fees for services provided.

g.

The company paid $530 cash for the monthly rent.

h.

The company collected $935 cash as partial payment for the account receivable created in transaction f.

i.

The company paid $1,100 cash in dividends to Spade

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