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[The following information appiles to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, Invested $16,750 cash In the company in exchange for common stock. b. The company purchased supplies for $486 cash. c. The company purchased $9,263 of equipment on credit. d. The company received $1,977 cash for services provided to a customer. e. The company paid $9,263 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,551 for services provided. g. The company paid $515 cash for the monthly rent. h. The company collected $1,491 cash as partial payment for the account receivable created in transaction f L The company paid a $900 cash dividend to the owner (sole shareholder). 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. D

[The following information applies to the questions displayed below] The transactions of Spade Company appesi below a. K. Spade, owner, irvested $16.750 cash th the company in exchange for common stock b. The company purchased supplies for $486 cash c. The company purchased $9,263 of equipment on credit. d. The company recelved $1,977 cash for services provided to a customer e. The company pald $9.263 cash 10 settle the payable for the ecuipment purchased in transaction c. f. The company bilied a customer $3,551 for services provided. 9. The company paid $515 cash for the monthly rent. h. The company collected $1.491 cash as partal payment for the account recelvable created in transaction i. The company pald a $900 cash dividend to the owner (sole sharcholden? Required: 1. Prepare general joumal entries to record the transactions of Spade Company by using the foliowing accounts: Cash; Accounts Raceivable: Suppiles; Equipment: Accounts Payable; Common Stock Dividends, Services Revenue, and Rent Expense 2. Pobt entrles to T-accounts and the ending balances wil be colculated

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