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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15,250 cash in the company. b. The company purchased office supplies for $442
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15,250 cash in the company. b. The company purchased office supplies for $442 cash. c. The company purchased $8,433 of office equipment on credit. d. The company received $1,800 cash as fees for services provided to a customer. e. The company paid $8,433 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,233 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,358 cash as partial payment for the account receivable created in transaction f. i. Kacy Spade withdrew $900 cash from the company for personal use. Prepare the Trial Balance. Use May 31 as its report date. Credit SPADE COMPANY Trial Balance May 31 Debit Cash Office supplies Office equipment Accounts receivable Accounts payable K. Spade, Capital K. Spade, Withdrawals Fees earned Rent expense Totals 0 $ 0
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