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Required information Use the following information for Exercises 13-14 below. (Algo) [The following information applies to the questions displayed below) The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,750 cash in the company in exchange for common stock. b. The company purchased supplies for $428 cash. c. The company purchased $8,157 of equipment on credit. d. The company received $1741 cash for services provided to a customer e. The company paid $8,157 cash to settle the payable for the equipment purchased in transactionc 1 The company billed a customer $3,127 for services provided, 9. The company paid $515 cash for the monthly rent. h. The company collected $1,313 cash as partial payment for the account receivable created in transaction f. 1. The company paid a $900 cash dividend to the owner (sole shareholder). Exercise 2-13 (Algo) Recording effects of transactions in T-accounts LO A1 Required: 1. Prepare general Journal entries to record the transactions of Spade Company by using the following accounts: Cash: Accounts Receivable Supplies, Equipment Accounts Payable: Common Stock: Dividends; Services Revenue and Rent Expense. 2. Post entries to T-accounts and the ending balances will be calculated. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post entries to T-accounts and the ending balances will be calculated. Cash Accounts Receivable 3,127 th 1,313 a d. 428 8,157 515 14.750 1,7410 1,31319 Th Balanco 1,814 Balance 8,704 Supplies 428 Equipment 8,157 c D Balance 428 Balance 8,157 Common Stock Accounts Payable 8,157 14,750 a 8,157 n ** 7 Required information Balance 8,157 Balance 428 Common Stock Accounts Payable 8,157 14,750 e 8,157 0 Balance Balance 14.750 Services Revenue Dividends 900 d 1.741 3,127 Balance 900 Balance 4,868 Rent Expense 515 19 Balance 515

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