The transactions of Spade Company appear below. K. Spade, owner, invested $11,750 cash in the company in exchange for common stock. The company purchased supplies for $341 cash. The company purchased $6,498 of equipment on credit. The company received $1,387 cash for services provided to a customer. The company paid $6,498 cash to settle the payable for the equipment purchased in transaction c. The company billed a customer $2,491 for services provided. The company paid $525 cash for the monthly rent. The company collected $1,046 cash as partial payment for the account receivable created in transaction f. The company paid a $1,100 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report date. Note: Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses.

Prepare the Trial Balance. Use May 31 as its report date. Note: Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses