ises in Connect Saved Help Save & Exit Check my The transactions of Spade Company...
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ises in Connect Saved Help Save & Exit Check my The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock b. The company purchased office supplies for $1.250 cash. c. The company purchased $10,050 of office equipment on credit d. The company received $15,500 cash as fees for services provided to a customer e. The company paid $10,050 cash to settle the paydble for the office equipment purchased in transaction f. The company billed a customer $2,700 as fees for services provided. 9. The company paid $1.225 cash for the monthly rent. h. The company collected $1,125 cash as partial payment for the account receivable created in transaction 1. The company paid a $10,000 cash dividend to the owner (sole shareholder). Required: 1. Prepare general Journal entries to record the transactions above for Space Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment Accounts Payable: Common Stock: Dividends: Fees Earned, and Rent Expense 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment. arch Sirved H. 4 Required 1 Required 2 Prepare general journal entries to record the transactions above for Spade Company by using the following accounts Receivable; Office Supplies Office Equipment Accounts Payable; Common Stock: Dividends; Fees Earned; and Reni 0.44 points View transaction list Skipped Journal entry worksheet Book Type here to search o e Required 1 Required 2 Post the above journal entries to T-accounts, which serve as the general ledger for this assignment. Cash Accounts Receivable Balance 0 Balance 0 Office Supplies Office Equipment Balance 0 Balance 0 ch Bi e



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