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The transactions of Spade Company appear below. a. Kocy 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. Kocy 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 51125 cash as partial payment for the account receivable created in transaction 1. The company paid a $10,000 cash dividend to the owner (sole shareholder), Required: 1. Prepare general Journal entries to record the transactions above for Spade Company by using the following accounts: Cash: Accounts Receivable: Office Supplies: Office Equipment Accounts Payable: Common Stock: Dividends: Fees Eamed; and Rent Expense. 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 1 Required 2 Prepare general Journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; omice Supplies; omice Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. View transaction list View journal entry worksheet No Transaction General Journal Credit 1 Cash Debit 94,850 2 b. Accounts receivable 1,575 2 3 Office supplies 1.250 4 d. Office equipment 10.050 5 e. Accounts payable 0 2 6 1. Common stock 100,750 7 9 Dividends 10.000 8 h Fees earned 18,200 9 Rent expense 1.225 Required 2 > CI Post the above journal entries to T-accounts, which serve as the general ledger for this assignment. Cash Accounts Recevable Balance Balance 0 Office Supplies Office Equipment Balance Balance 0 Accounts Payable Common Stock Balance 0 Balance 0 Dividende Fees Earned Balance Balance Rent Expense

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