Solution
SPADE COMPANY | ||
Trial balance | ||
May 31, 2017 | ||
Debit | Credit | |
Cash | $ 9,607.00 | |
Accounts receivables | $ 2,152.00 | |
Office supplies | $ 508.00 | |
Office equipment | $ 9,678.00 | |
Rent expense | $ 530.00 | |
Service revenue | $ 5,775.00 | |
Accounts Payable | $ - | |
Drawings | $ 800.00 | |
Common stock | $ 17,500.00 | |
$ 23,275.00 | $ 23,275.00 |
Working
Transaction | Cash | Accounts receivables | Office supplies | Office equipment | Rent expense | Service revenue | Accounts Payable | Drawings | Common stock |
a | $ 17,500.00 | $ 17,500.00 | |||||||
b | $ (508.00) | $ 508.00 | |||||||
c | $ 9,678.00 | $ 9,678.00 | |||||||
d | $ 2,065.00 | $ 2,065.00 | |||||||
e | $ (9,678.00) | $(9,678.00) | |||||||
f | $ 3,710.00 | $ 3,710.00 | |||||||
g | $ (530.00) | $ 530.00 | |||||||
h | $ 1,558.00 | $ (1,558.00) | |||||||
i | $ (800.00) | $ 800.00 | |||||||
TOTALS | $ 9,607.00 | $ 2,152.00 | $ 508.00 | $ 9,678.00 | $ 530.00 | $ 5,775.00 | $ - | $ 800.00 | $ 17,500.00 |
CH2 Accounting for Business Transactions (HW) 0 Saved Help Save & Exit Submit Check my work...
choices for each line are: accounts payable, accounts recievable, cash, common stock, dividends, fees earned, office equipment, office supplies, rent expense a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a custor e. The company paid $9,678 cash to settle the payable for...
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 office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a customer. e. The company paid $9,678 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,710...
a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a customer. e. The company paid $9,678 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,710 as fees for services provided. g. The...
Chapter 2 Exercises i Saved The transactions of Spade Company appear below. 1.42 points a. Kacy Spade, owner, invested $11,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $319 cash. c. The company purchased $6,083 of office equipment on credit. d. The company received $1,298 cash as fees for services provided to a customer. e. The company paid $6,083 cash to settle the payable for the office equipment purchased in transaction c....
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 $18,000 cash in the company. b. The company purchased office supplies for $522 cash. c. The company purchased $9,954 of office equipment on credit. d. The company received $2,124 cash as fees for services provided to a customer. paid $ hed ransacion c f. The company billed a customer $3,816 as fees for services provided. g. The company paid $530 cash for the monthly rent. h. The company...
The transactions of Spade Company appear below. Kacy Spade, owner, invested $18,500 cash in the company in exchange for common stock. The company purchased office supplies for $537 cash. The company purchased $10,231 of office equipment on credit. The company received $2,183 cash as fees for services provided to a customer. The company paid $10,231 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $3,922 as fees for services provided. The...
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....
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. a. Kacy Spade, owner, invested $13,500 cash in the company. 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 customer $2,862 as fees for services provided....