Required information [The following information applies to the questions displayed below.] The transactions...
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Accounting
Required information The following information applies to the questions displayed below. The transactions of Spade Company appear below. a K Spade, owner, invested $ cash in the company in exchange for common stock. b The company purchased supplies for $ cash. c The company purchased $ of equipment on credit. d The company received $ cash for services provided to a customer. e The company paid $ cash to settle the payable for the equipment purchased in transaction f The company billed a customer $ for services provided. g The company paid $ cash for the monthly rent. h The company collected $ cash as partial payment for the account receivable created in transaction i The company paid a $ cash dividend to the owner sole shareholder Prepare the Trial Balance. Use May as its report date. Note: Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses. Red text indicates no response was expected in a cell or a formulabased calculation is incorrect; no points deducted. Please help me fill in the incorrect ones. ty
Required information
The following information applies to the questions displayed below.
The transactions of Spade Company appear below.
a K Spade, owner, invested $ cash in the company in exchange for common stock.
b The company purchased supplies for $ cash.
c The company purchased $ of equipment on credit.
d The company received $ cash for services provided to a customer.
e The company paid $ cash to settle the payable for the equipment purchased in transaction
f The company billed a customer $ for services provided.
g The company paid $ cash for the monthly rent.
h The company collected $ cash as partial payment for the account receivable created in transaction
i The company paid a $ cash dividend to the owner sole shareholder
Prepare the Trial Balance. Use May as its report date.
Note: Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and
expenses.
Red text indicates no response was expected in a cell or a formulabased calculation is incorrect; no points
deducted.
Please help me fill in the incorrect ones. ty
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