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The transactions of Spade Company appear below. Kacy Spade, owner, invested S10,250 cash in the company in exchange for common stock. The company purchased office
The transactions of Spade Company appear below. Kacy Spade, owner, invested S10,250 cash in the company in exchange for common stock. The company purchased office supplies for S297 cash. The company purchased S5.668 of office equipment on credit. The company received $1, 210 cash as fees for services provided to a customer. The company paid S5.668 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $2,173 as fees for services provided. The company paid S530 cash for the monthly rent. The company collected $913 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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