The transactions of Spade Company appear below a. K Spade, owner, invested $14,750 cash in...
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Accounting
The transactions of Spade Company appear below a. K Spade, owner, invested $14,750 cash in the company 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 transaction 1. The company billed a customer $3127 for services provided 9. The company paid $520 cash for the monthly rent h. The company collected $1,313 cash as partial payment for the account receivable created in transaction I.K Spade withdrew $1,000 cash from the company for personal use: Required: 1. Prepare general journal entries to record the transactions of Spade Company by using the following accounts. CashAccounts Receivable Supplies, Equipment Accounts Payable: K. Spade Capital, K Spade Withdrawals, Services Revenue and Rent Expense 2. Post entries to T-accounts and the ending balances will be calculated View transaction list ook int Journal entry worksheet int ences K. Spade, owner, invested $14,750 cash in the company. Note: Enter debits before credits Transaction General Journal Debit Credit a Record entry Clear entry View general journal Post entries to T-accounts and the ending balances will be calculated. Cash Accounts Receivable Ending Balance Ending Balance Supplies Equipment Ending Balance Ending Balance Accounts Payable K. Spade, Capital Ending Balance Ending Balance K Spade Withdrawals Services Revenue Ending Balance Ending Balance Rent Expense Ending Balance



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