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The transactions of Spade Company appear below. K. Spade, owner, invested $100,750 cash in the company in exchange for common stock. The company purchased supplies

The transactions of Spade Company appear below. K. Spade, owner, invested $100,750 cash in the company in exchange for common stock. The company purchased supplies for $1,250 cash. The company purchased $10,050 of equipment on credit. The company received $15,500 cash for services provided to a customer. The company paid $10,050 cash to settle the payable f

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