The transactions of Spade Company appear below a. K. Spade, owner, invested $17.500 cash in the company in exchange for common stock b. The company purchased supplies for $508 cash. c. The company purchased $9,678 of equipment on credit. d. The company received $2,065 cash for services provided to a customer e. The company paid $9,678 cash to settle the payable for the equipment purchased in transaction f. The company billed a customel $3,710 for services provided g. The company paid $520 cash for the monthly rent. h. The company collected $1,558 cash as partial payment for the account receivable created in transaction 1. The company paid a $900 cash dividend to the owner isole shareholder), Required: 1. Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash: Accounts Receivable Supplies, Equipment Accounts Payable, Common Stock Dividends, Services Revenue and Rent Expense 2. Post entries to T-accounts and the ending balances will be calculated Post entries to T-accounts and the ending balances will be calculated. Cash Accounts Receivable Balance Balance Supplies Equipment Balance Balance Accounts Payable Common Stock View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 7 1 a. 17,500 Cash Common stock 17,500 2 b Supplies 508 3 C Equipment 9,678 4 d Cash 2.065 20 5 0 Accounts payable 9.678 6 1 Accounts receivable 3.710 2 7 9 Rent expense 520 8 hy Cash 1.558