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The transactions of Spade Company appear below. Kacy Spade, owner, invested $14,000 cash in the company. The company purchased office supplies for $406 cash. The
The transactions of Spade Company appear below.
- Kacy Spade, owner, invested $14,000 cash in the company.
- The company purchased office supplies for $406 cash.
- The company purchased $7,742 of office equipment on credit.
- The company received $1,652 cash as fees for services provided to a customer.
- The company paid $7,742 cash to settle the payable for the office equipment purchased in transaction c.
- The company billed a customer $2,968 as fees for services provided.
- The company paid $530 cash for the monthly rent.
- The company collected $1,247 cash as partial payment for the account receivable created in transaction f.
- Kacy Spade withdrew $1,100 cash from the company for personal use.
Prepare the Trial Balance. Use May 31 as its report date.
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