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UT 5 The transactions of Spade Company appear below. 16.66 points a. Kacy Spade, owner, invested $19,500 cash in the company in exchange for common

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UT 5 The transactions of Spade Company appear below. 16.66 points a. Kacy Spade, owner, invested $19,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $566 cash. c. The company purchased $10,784 of office equipment on credit. d. The company received $2,301 cash as fees for services provided to a customer. e. The company paid $10,784 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $4,134 as fees for services provided. g. The company paid $535 cash for the monthly rent. h. The company collected $1.736 cash as partial payment for the account receivable created in transaction f. i. The company paid a $1,100 cash dividend to the owner (sole shareholder). eBook References Prepare the Trial Balance Use May 31 as its report date. SPADE COMPANY Trial Balance May 31 Debit Credit Totals

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