why is it telling me cash amount is wrong? In my textbook cash is first...
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Accounting
why is it telling me cash amount is wrong? In my textbook cash is first in the trial balance. How is cash not 17500 looking at the transactions?
for the work you have completed so far. It does not indi Required information [The following information applies to the questions displayed below.) The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased supplies for $508 cash. c. The company purchased $9,678 of equipment on credit. d. The company received $2,065 cash for services provided to a customer. e. The company paid $9,678 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $3,710 for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1,558 cash as partial payment for the account receivable created in transaction i. The company paid a $800 cash dividend to the owner (sole shareholder). epare the Trial Balance. Use May 31 as its report date. ck my work mode: This shows what is correct or incorrect for the we Required information Trial Balance May 31 Debit Credit Cash Common rock $ 17,500 17,500 Totals S 17.500 $17.500 Prey CD 17 of 31 o hp
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