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On May 31, the Cash account of Tesla had a normal balance of $5,000. During May,...
For each of the following (1) identify the type of account as an asset, liability, equity,...
For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense: (2) identify the normal balance of the account; and (3) select debit (Dr.) or credit (Cr.) to identify the kind of entry that would increase the account balance. Type of Account Liability Normal Balance increase (Dr. or Cr.) Credit Credit Account a. Accounts Payable b. Consulting Revenue c. Salaries Expense d. Utilities Expense e. Prepaid Rent f. Wages Payable 9. Notes...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,000 cash in the...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,000 cash in the company. b. The company purchased office supplies for $464 cash. c. The company purchased $8,848 of office equipment on credit. d. The company received $1,888 cash as fees for services provided to a customer. e. The company paid $8,848 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,392 as fees for services provided...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,000 cash in the...
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 $14,500 cash in the company...
The transactions of Spade Company appear below.
Kacy Spade, owner, invested $14,500 cash in the company in
exchange for common stock.
The company purchased office supplies for $421 cash.
The company purchased $8,019 of office equipment on
credit.
The company received $1,711 cash as fees for services provided
to a customer.
The company paid $8,019 cash to settle the payable for the
office equipment purchased in transaction c.
The company billed a customer $3,074 as fees for services
provided.
The...
a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b....
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...
the transactions of Spade Company appear below. Kacy space, owner, invested $14,000 cash in the company...
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. o. Kacy Spade, owner, invested $17,000 cash in the...
The transactions of Spade Company appear below. o. Kacy Spade, owner, invested $17,000 cash in the company b. The company purchased office supplies for $493 cash. c. The company purchased $9.401 of office equipment on credit d. The company received $2,006 cash as fees for services provided to a customer e. The company paid $9.401 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,604 as fees for services provided....
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15,750 cash in 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....
Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear...
Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below a. Kacy Spade, owner, invested $19,000 cash in the company in exchange for common stock b. The company purchased office supplies for $551 cash c. The company purchased $10,507 of office equipment on credit d. The company received $2.242 cash as fees for services provided to a customer e. The company paid $10.507 cash to settle the payable for the office equipment purchased...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,250 cash in the...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,250 cash in the company b. The company purchased office supplies for $529 cash. c. The company purchased $10,092 of office equipment on credit. d. The company received $2,154 cash as fees for services provided to a customer. e. The company paid $10,092 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,869 as fees for services provided....
For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense: (2) identify the normal balance of the account; and (3) select debit (Dr.) or credit (Cr.) to identify the kind of entry that would increase the account balance. Type of Account Liability Normal Balance increase (Dr. or Cr.) Credit Credit Account a. Accounts Payable b. Consulting Revenue c. Salaries Expense d. Utilities Expense e. Prepaid Rent f. Wages Payable 9. Notes...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $16,000 cash in the company. b. The company purchased office supplies for $464 cash. c. The company purchased $8,848 of office equipment on credit. d. The company received $1,888 cash as fees for services provided to a customer. e. The company paid $8,848 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,392 as fees for services provided...
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 $14,500 cash in the company in
exchange for common stock.
The company purchased office supplies for $421 cash.
The company purchased $8,019 of office equipment on
credit.
The company received $1,711 cash as fees for services provided
to a customer.
The company paid $8,019 cash to settle the payable for the
office equipment purchased in transaction c.
The company billed a customer $3,074 as fees for services
provided.
The...
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...
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. o. Kacy Spade, owner, invested $17,000 cash in the company b. The company purchased office supplies for $493 cash. c. The company purchased $9.401 of office equipment on credit d. The company received $2,006 cash as fees for services provided to a customer e. The company paid $9.401 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,604 as fees for services provided....
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....
Exercise 2-9 Recording effects of transactions in T-accounts LO A1 The transactions of Spade Company appear below a. Kacy Spade, owner, invested $19,000 cash in the company in exchange for common stock b. The company purchased office supplies for $551 cash c. The company purchased $10,507 of office equipment on credit d. The company received $2.242 cash as fees for services provided to a customer e. The company paid $10.507 cash to settle the payable for the office equipment purchased...
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,250 cash in the company b. The company purchased office supplies for $529 cash. c. The company purchased $10,092 of office equipment on credit. d. The company received $2,154 cash as fees for services provided to a customer. e. The company paid $10,092 cash to settle the payable for the office equipment purchased in transaction c f. The company billed a customer $3,869 as fees for services provided....
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