The transactions of Spade Company appear below. Kacy Spade, owner, invested $11,250 cash in the company in
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Question:
The transactions of Spade Company appear below.
- Kacy Spade, owner, invested $11,250 cash in the company in exchange for common stock.
- The company purchased office supplies for $326 cash.
- The company purchased $6,221 of office equipment on credit.
- The company received $1,328 cash as fees for services provided to a customer.
- The company paid $6,221 cash to settle the payable for the office equipment purchased in transaction c.
- The company billed a customer $2,385 as fees for services provided.
- The company paid $525 cash for the monthly rent.
- The company collected $1,002 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.
Posted Date: