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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,750 cash in the company b. The company purchased office supplies for $486
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,750 cash in the company b. The company purchased office supplies for $486 cash. c. The company purchased $9,263 of office equipment on credit. d. The company received $1,977 cash as fees for services provided to a customer. e. The company paid $9,263 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,551 as fees for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1,491 cash as partial payment for the account receivable created in transaction f 1. Kacy Spade withdrew $1,100 cash from the company for personal use. Prepare the Trial Balance. Use May 31 as its report date. SPADE COMPANY Trial Balance May 31 Cash Accounts receivable. Office supplies Office equipment Accounts payable K. Spade, Capital K. Spade, Withdrawals Fees earned Rent expense Totals Debit Credit
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