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The transactions of Spade Company: a. Kacy Spade, owner, invested $10,750 cash in the company in exchange for common stock. b. The company purchased office

The transactions of Spade Company:

a. Kacy Spade, owner, invested $10,750 cash in the company in exchange for common stock.
b. The company purchased office supplies for $312 cash.
c. The company purchased $5,945 of office equipment on credit.
d. The company received $1,268 cash as fees for services provided to a customer.
e. The company paid $5,945 cash to settle the payable for the office equipment purchased in transaction c.
f. The company billed a customer $2,279 as fees for services provided.
g. The company paid $520 cash for the monthly rent.
h. The company collected $957 cash as partial payment for the account receivable created in transaction f.
i. The company paid $900 cash in dividends to Spade

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.

and then

Post them to T-accounts, which serves as the general ledger for this assignment.

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