The transactions of Spade Company appear below.
TRIAL BALANCE | Debit | Credit |
Kacy Spade Capital Account | $ 18,500 | |
Office Equipment | $ 10,231 | |
Account Payable | ||
Supplies | $ 537 | |
Monthly Rent | $ 525 | |
Account receivable (3922 - 1647) | $ 2,275 | |
Dividend Paid | $ 900 | |
Cash (Note 1) | $ 10,137 | |
Service Revenue (Note 2) | $ 6,105 | |
TOTAL | $ 24,605 | $ 24,605 |
CALCULATION OF THE CLOSING CASH BALANCE | ||
Kacy Spade Capital Account | $ 18,500 | |
Paid for Supplies | $ -537 | |
Service Account | $ 2,183 | |
Paid for Office equipment | $ -10,231 | |
Paid for monthly Rent | $ -525 | |
Cash Collected from Account receivable | $ 1,647 | |
Cash dividend Paid | $ -900 | |
$ 10,137 | ||
CALCULATION OF THE SERVICE REVENUE | ||
Cash | $ 2,183 | |
Account receivable | $ 3,922 | |
$ 6,105 | ||
The transactions of Spade Company appear below. Kacy Spade, owner, invested $18,500 cash in the company...
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...
The transactions of Spade Company appear below. Kacy Spade, owner, invested $10,000 cash in the company in exchange for common stock. The company purchased office supplies for $290 cash. The company purchased $5,530 of office equipment on credit. The company received $1,180 cash as fees for services provided to a customer. The company paid $5,530 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $2,120 as fees for services provided. The...
The transactions of Spade Company appear below. Kacy Spade, owner, invested $17,750 cash in the company in exchange for common stock. The company purchased office supplies for $515 cash. The company purchased $9,816 of office equipment on credit. The company received $2,095 cash as fees for services provided to a customer. The company paid $9,816 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $3,763 as fees for services provided. The...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock. b. The company purchased office supplies for $1,250 cash. c. The company purchased $10,050 of office equipment on credit. d. The company received $15,500 cash as fees for services provided to a customer. e. The company paid $10,050 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $2,700...
The transactions of Spade Company appear below. points ontw a. Kacy Spade, owner, invested $13,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $392 cash. C. The company purchased $7,466 of office equipment on credit. d. The company received $1,593 cash as fees for services provided to a customer. e. The company paid $7.466 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a...
the transactions of Spade Company appear below. Kacy space, owner, invested $14,000 cash in the company in exchange for common stock. prepare the trial balance Ssigilrie The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $406 cash. c. The company purchased $7,742 of office equipment on credit d. The company received $1,652 cash as fees for services provided to a...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $406 cash. C. The company purchased $7742 of office equipment on credit. d. The company received $1,652 cash as fees for services provided to a customer. e. The company paid $7,742 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $2,968...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,250 cash in the company in exchange for common stock. b. The company purchased office supplies for $413 cash. c. The company purchased $7,880 of office equipment on credit. d. The company received $1,682 cash as fees for services provided to a customer. e. The company paid $7,880 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,021...
5 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $11,250 cash in the company in exchange for common stock b. The company purchased office supplies for $326 cash e. The company purchased $6,221 of office equipment on credit. d. The company received $1,328 cash as fees for services provided to a customer e. The company paid $6,221 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a c...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $406 cash. c. The company purchased $7,742 of office equipment on credit d. The company received $1,652 cash as fees for services provided to a customer e. The company paid $7,74 f. The company billed a customer $2.968 as fees for services provided. g. The company paid $520 cash for the...