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The transactions of The Company appear below. a. Kacy Spade, owner, Invested $17,750 cash in the company. b. The company purchased office supplies for $515
The transactions of The Company appear below. a. Kacy Spade, owner, Invested $17,750 cash in the company. b. The company purchased office supplies for $515 cash. c. The company purchased $9,816 of office equipment on credit d. The company recelved $2094 cash as fees for services provided to a customer. e. The company pald $9.816 cash to settle the payable for the office equipment purchased in transaction f. The company billed a customer $3.763 as fees for services provided. 9. The company paid $530 cash for the monthly rent. h. The company collected $1.580 cash as partial payment for the account receivable created in transaction f. L. Kacy Spade withdrew $1.000 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 serve as the general ledger for this assignment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the above journal entries to T-accounts, which serves as the general ledger for this assignment. Accounts Receivable Cash 17,750 a. Balance 0 Balance 17,750 Office Supplies Office Equipment Balance Balance Accounts Payable K. Spade, Capital Balance 01 Balance 0 K. Spade. Withdrawals Fees Earned Balance Balance Rent Expense Balance
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