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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock. b. The company

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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock. b. The company purchased office supplies for $1.250 cash. c. The company purchased $10,050 of office equipment on credit. d. The company received $15,500 cash as fees for services provided to a customer. e. The company paid $10,050 cash to settle the payable for the office equipment purchased in transaction f. The company billed a customer $2,700 as fees for services provided 9. The company paid $1,225 cash for the monthly rent. h. The company collected $1125 cash as partial payment for the account receivable created in transaction f i. The company paid $10,000 cash in dividends to the owner (sole shareholder) Required: 1. Prepare general journal entries to cord the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable: Office Supplies: Office Equipment, Accounts Payable: Common Stock Dividends: Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Complete this question by entering your answers in the tabs below. Required Required 2 Journal entry worksheet Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock. Note: Enter debits before credits Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Cash Accounts Receivable Balance Balance Office Supplies Office Equipment Balance Balance + Accounts Payable Common Stock Balance Balance Dividends Fees Earned Accounts Payable Common Stock Balance Balance Dividends Fees Earned Balance Balance Rent Expense Balance

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