the transactions of spade company appear below
You received partial credit in the previous attempt The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $10,500 cash in the company b. The company purchased office supplies for $305 cash. c. The company purchased $5,807 of office equipment on credit. d. The company received $1,239 cash as fees for services provided to a customer. e. The company paid $5,807 cash to settle the payable for the office equipment purchased in transac f. The company billed a customer $2,226 as fees for services provided. g. The company paid $510 cash for the monthly rent. h. The company collected $935 cash as partial payment for the account receivable created in transact i. Kacy Spade withdrew $1,100 cash from the company for personal use. Required: 1. Prepare general journal entries to record the transactions above for Spade Company by using the foll Accounts Receivable: Office Supplies: Office Equipment: Accounts Payable; K. Spade, Capital; K. Spade. and Rent Expense. Use the letters beside each transaction to identify entries. 2. Post the above journal entries to T-accounts, which serves as the general ledger for this assignment. Complete this question by entering your answers in the tabs below. 1,100] Balance 1,291 Balance 4,952 Office Supplies 305 Office Equipment 5,807 b. Balance 305 Balance 5,807 Accounts Payable K. Spade, Capital Balance 5,807 Balance Fees Earned K. Spade, Withdrawals 1.1007 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $10,500 cash in the company b. The company purchased office supplies for $305 cash c. The company purchased $5,807 of office equipment on credit. d. The company received $1,239 cash as fees for services provided to a customer e. The company paid $5,807 cash to settle the payable for the office equipment purchased in transactionc f. The company billed a customer $2.226 as fees for services provided g. The company paid $510 cash for the monthly rent. h. The company collected $935 cash as partial payment for the account receivable created in transaction i. Kacy Spade withdrew $1,100 cash from the company for personal use. 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: K. Spade, Capital: K. Spade. Withdrawals: Fees Earned: and Rent Expense. Use the letters beside each transaction to identify entries 2. Post the above journal entries to T-accounts, which serves as the general ledger for this assignment. Complete this question by entering your answers in the tabs below
