The transactions of Spade Company appear below.

1. Kacy Spade, owner, invested $16,000 cash in the company in exchange for common stock.
2. The company purchased office supplies for $464 cash.
3. The company purchased $8,848 of office equipment on credit.
4. The company received $1,888 cash as fees for services provided to a customer.
5. The company paid $8,848 cash to settle the payable for the office equipment purchased in transaction c.
6. The company billed a customer $3,392 as fees for services provided.
7. The company paid $525 cash for the monthly rent.
8. The company collected $1,425 cash as partial payment for the account receivable created in transaction f.
9. The company paid $1,100 cash in dividends to the owner (sole shareholder).

Required: 1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment.