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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,500 cash in the company in exchange for common stock b. The company
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,500 cash in the company in exchange for common stock b. The company purchased office supplies for $421 cash. c. The company purchased $8,019 of office equipment on credit. d. The company received $1,711 cash as fees for services provided to a customer. e. The company paid $8,019 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,074 as fees for services provided. g. The company paid $535 cash for the monthly rent. h. The company collected $1,291 cash as partial payment for the account receivable created in transaction f. 1. The company paid $1,100 cash in dividends to the owner (sole shareholder). DOK int rences Prepare the Trial Balance. Prepare the Trial Balance. SPADE COMPANY Trial Balance May 31, 2017 Debit Credit Totals $ $ 0 $ 0
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