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The transactions of Spade Company appear below. a. K. Spade, owner, invested $10,500 cash in the company. b. The company purchased supplies for $305 cash.

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The transactions of Spade Company appear below. a. K. Spade, owner, invested $10,500 cash in the company. b. The company purchased supplies for $305 cash. c. The company purchased $5,807 of equipment on credit. d. The company received $1,239 cash for services provided to a customer. e. The company paid $5,807 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,226 for services provided. 9. The company paid $525 cash for the monthly rent. h. The company collected $935 cash as partial payment for the account receivable created in transaction f. 1. K. Spade withdrew $1,200 cash from the company for personal use. quired: 1. 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. 2. Post entries to T-accounts and the ending balances will be calculated. Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash; Accounts Receivable; Supplles; Equipment; Accounts Payable; K. Spade, Capital; K. Spade, Withdrawals; Services Revenue; and Rent Expense. Journal entry worksheet Post entries to T-accounts and the ending balances will be calculated. Ending Balance Ending Balance \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Accounts Payable } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ K. Spade, Withdtawals } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & & \\ \hline \end{tabular}

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