Question
the transactions of spade company appear below

You received partial credit in the previous attempt The transactions of Spade Company appear below. a. Kacy Spade, owner, inv
1,100] Balance 1,291 Balance 4,952 Office Supplies 305 Office Equipment 5,807 b. Balance 305 Balance 5,807 Accounts Payable K


The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $10,500 cash in the company b. The company pur
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Answer #1

a)

Date Account title Debit credit
a Cash 10500
K .Spade capital 10500
b Office supplies 305
cash 305
c Office equipment 5807
Accounts payable 5807
d Cash 1239
Fees earned 1239
e Accounts payable 5807
cash 5807
f Accounts receivable 2226
Fees earned 2226
g Rent expense 510
cash 510
h cash 935
Accounts receivable 935
i K. Spade withdrawals 1100
cash 1100

2)

CASH
a 10500 b 305
d 1239 e 5807
h 935 g 510
i 1100
Bal 4952
OFFICE SUPPLIES
b 305
BAL 305
K SPADE CAPITAL
a 10500
BAL 10500
OFFICE EQUIPMENT
c 5807
BAL 5807
ACCOUNTS PAYABLE
e 5807 C 5807
BAL 0
FEES EARNED
d 1239
f 2226
BAL 3465
ACCOUNTS RECEIVABLE
f 2226 h 935
BAL 1291
RENT EXPENSE
g 510
BAL 510
K SPADE WITHDRAWALS
I 1100
BAL 1100
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