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The transactions of Spade Company appear below. Kacy Spade, owner, invested $11,000 cash in the company in exchange for common stock. The company purchased supplies
The transactions of Spade Company appear below. Kacy Spade, owner, invested $11,000 cash in the company in exchange for common stock. The company purchased supplies for $319 cash. The company purchased $6,083 of equipment on credit. The company received $1,298 cash for services provided to a customer. The company paid $6,083 cash to settle the payable for the equipment purchased in transaction c. The company billed a customer $2,332 for services provided. The company paid $525 cash for the monthly rent. The company collected $979 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
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