Question

The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15,750 cash in the company. b. The company purchased office supplies for $457 cash. C. The company purchased $8,710 of office equipment on credit. d. The company received $1,859 cash as fees for services provided to a customer e. The company paid $8,710 cash to settle the payable for the office equipment purchased in transaction c! f. The company billed a customer $3,339 as fees for services provided. g. The company paid $510 cash for the monthly rent. h. The company collected $1,402 cash as partial payment for the account receivable created in transaction f. i. Kacy Spade, withdrew $1,000 cash from the company for personal use. Prepare the Trial Balance, nces SPADE COMPANY Trial Balance May 31, 2017 Debit Credit Cash Fees earned Office supplies Cash Office equipment PAccounts pavable

Answer 1

a) 3010 Cash Alcbr all To cafira 15750 15750 okices supplies Alcor 4570 الي To 414 (o ottile Ercilmentor 8710 To accounts payable 870 Cash Ale or 1859 To fees carried 1859 (e account payable Alcor 8110 - To cash in 8710 o accounts Receivable Alcor 3339! To feel ecas 3331 fint Ale pr 510 To cash 520 (6 Cash AlC or 1402 _MAS TO clomid fecelleble 1902 1 Drawings Alcor 1000 l To Cash 1000 11

8334 Tovail Balance - Particulars - Cash Capital (li u su i office Equipment 15750 457 8710 5198 اوهم نوع font Accounts receivable. drawings 510 1937 loro 2.0946 20948