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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $450 cash. c. The company purchased $8,572 of office equipment on credit d. The company received $1,829 cash as fees for services provided to a customer. e. The company paid $8,572 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,286 as fees for services provided. 9. The company paid $530 cash for the monthly rent. h. The company collected $1,380 cash as partial payment for the account receivable created in transaction / 1. The company paid a $1.000 cash dividend to the owner (sole shareholder). Required: 1. Prepare general journal entries to record the transactions above for Spade 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries View transaction list Journal entry worksheet Prepare general journal entries to record the transactions above for Spade Company by using the follow Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Ear letters beside each transaction to identify entries. View transaction list Journal entry worksheet Kacy Spade, owner, invested $15,500 cash in the company in exchange for common stock Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal View transaction list Journal entry worksheet The company purchased office supplies for $450 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Accounts payable Accounts receivable Cash Common stock Dividends Record en View general journal View transaction list Journal entry worksheet 8 8 9 The company received $1,829 cash as fees for services provided to a customer Note: Enter debits before credits. General Journal Debit Credit Transaction d. Accounts payable Accounts receivable Cash Common stock Record en Dividends View general journal Required 1 Required 2 > View transaction list Journal entry worksheet The company paid $8,572 cash to settle the payable for the office equipment purchased in transaction c. Note: Enter debits before credits. Transaction General Journal Debit Credit Accounts payable Accounts receivable Cash Record en Common stock View general journal Prepare general journal entries to record the transactions above for Spade Company by using the follo Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Ea letters beside each transaction to identify entries. View transaction list Journal entry worksheet The company billed a customer $3,286 as fees for services provided. Note: Enter debits before credits. General Journal Debit Credit Transaction f. Accounts payable Accounts receivable Cash Common stock Record en View general journal View transaction list Journal entry worksheet The company paid $530 cash for the monthly rent. Note: Enter debits before credits. General Journal Debit Credit Transaction g. Record entry Clear entry View general journal Equipment; Accounts Payable; Common Stock; Dividends; Fees Ea letters beside each transaction to identify entries. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 > The company collected $1,380 cash as partial payment for the account receivable created in transaction f. Note: Enter debits before credits. General Journal Debit Transaction h. Credit Record entry Clear entry View general journal Required 1 Required 2 > Receivable; Office Supplies; Office Equipment, Accounts Payable; Common Stock; Dividends; Fees letters beside each transaction to identify entries. View transaction list Journal entry worksheet The company paid a $1,000 cash dividend to the owner (sole shareholder). Note: Enter debits before credits. General Journal Debit Credit Transaction i. Accounts payable Accounts receivable Record en Cash Common stock View general journal Required 1 Required 2 > Required 1 Required 2 Post the above journal entries to T-accounts, which serves as the general ledger for this assignment. Cash Accounts Receivable Balance Balance Office Supplies Office Equipment Balance 0 Balance Accounts Payable Common Stock Balance 0 Balance 0 Dividends Fees Earned Balance 0 Balance 0 Balance 0 Balance 0 Accounts Payable Common Stock Balance 0 Balance 0 Dividends Fees Earned Balance 0 Balance 0 Rent Expense Balance

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