The transactions of Spade Company appear below. o. K. Spade, owner, invested $18,500 cash in...
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The transactions of Spade Company appear below. o. K. Spade, owner, invested $18,500 cash in the company. b. The company purchased supplies for $537 cash. c. The company purchased $10,231 of equipment on credit. d. The company received $2.183 cash for services provided to a customer. e. The company paid $10,231 cash to settle the payable for the equipment purchased in transaction c f. The company billed a customer $3.922 for services provided. g. The company paid $510 cash for the monthly rent. h. The company collected $1,647 cash as partial payment for the account recelvable created in transaction f. 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: Cash; Accounts 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. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record the transactions of Spade Company by using the following accounts; Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; K. Spade, Capital; K. Spade, Withdrawals; Services Revenue; and Rent Expense

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