Question

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 customer. e. The company paid $7,742 cash to settle the payable for the office equipment purchased in transaction f. The company billed a customer $2,968 as fees for services provided. g. The company paid $510 cash for the monthly rent. h. The company collected $1,247 cash as partial payment for the account receivable created in transaction i. The company paid $1,200 cash in dividends to the owner (sole shareholder). Prepare the Trial Balance. SPADE COMPANY Trial Balance May 31, 2017 Debit Credit Cash Common stock Office supplies Office equipment Accounts payable Rent expense Dividends Fees earned < Prev 7 of 12 ill Next >

Answer 1