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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $12,000 cash in the company. b. The company purchased office supplies for
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $12,000 cash in the company. b. The company purchased office supplies for $348 cash. c. The company purchased $6,636 of office equipment on credit. d. The company received $1,416 cash as fees for services provided to a customer. e. The company paid $6,636 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $2,544 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,068 cash as partial payment for the account receivable created in transaction f i. Kacy Spade withdrew $1,100 cash from the company for personal use. Prepare the Trial Balance. Use May 31 as its report date.
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