Question

answer is not complete

The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16.250 cash in the company b. The company purchased office supplies for $471 cash. c. The company purchased $8,986 of office equipment on credit d. The company received $1,917 cash as fees for services provided to a customer e. The company paid $8,986 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,445 as fees for services provided. g. The company paid $535 cash for the monthly rent. h. The company collected $1,447 cash as partial payment for the account receivable created in transaction i. Kacy Spade withdrew $900 cash from the company for personal use. Required: 1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable: Office Supplies; Office Equipment: Accounts Payable: K. Spade, Capital; K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment Answer is not complete. Complete this question by entering your answers in the tabs below.

Answer 1

Dear student,

Everything you have is perfect. Just make this small correction in the accounts receivable account in ledger and posting.

Accounts receivable
f.	3445	h.	1447
Balance	1998