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The transactions of Spade Company appear below. Kacy Spade, owner, invested $10,000 cash in the company in exchange for common stock. The company purchased office
The transactions of Spade Company appear below.
- Kacy Spade, owner, invested $10,000 cash in the company in exchange for common stock.
- The company purchased office supplies for $290 cash.
- The company purchased $5,530 of office equipment on credit.
- The company received $1,180 cash as fees for services provided to a customer.
- The company paid $5,530 cash to settle the payable for the office equipment purchased in transaction c.
- The company billed a customer $2,120 as fees for services provided.
- The company paid $525 cash for the monthly rent.
- The company collected $890 cash as partial payment for the account receivable created in transaction f.
- The company paid $1,100 cash in dividends to the owner (sole shareholder).
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