The transactions of Spade Company appear below. Kacy Spade, owner, invested $18,500 cash in...

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Accounting

The transactions of Spade Company appear below.

  1. Kacy Spade, owner, invested $18,500 cash in the company in exchange for common stock.
  2. The company purchased office supplies for $537 cash.
  3. The company purchased $10,231 of office equipment on credit.
  4. The company received $2,183 cash as fees for services provided to a customer.
  5. The company paid $10,231 cash to settle the payable for the office equipment purchased in transaction c.
  6. The company billed a customer $3,922 as fees for services provided.
  7. The company paid $525 cash for the monthly rent.
  8. The company collected $1,647 cash as partial payment for the account receivable created in transaction f.
  9. The company paid $900 cash in dividends to the owner (sole shareholder).

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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $537 cash. c. The company purchased $10,231 of office equipment on credit. d. The company received $2,183 cash as fees for services provided to a customer. e. The company paid $10,231 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,922 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,647 cash as partial payment for the account receivable created in transaction f i. The company paid $900 cash in dividends to the owner (sole shareholder) Prepare the Trial Balance. SPADE COMPANY Trial Balance May 31, 2017 Debit Credit

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