1.
S.No. | Particulars | Debit | Credit |
a. | Cash | $ 14,000 | |
K. Spade, Capital | $ 14,000 | ||
(Capital invested in the company) | |||
b. | Office Supplies | $ 406 | |
Cash | $ 406 | ||
(Purchase of office supplies) | |||
c. | Office Equipment | $ 7,742 | |
Accounts payable | $ 7,742 | ||
(Purchase of office equipment) | |||
d. | Cash | $ 1,652 | |
Fees Earned | $ 1,652 | ||
(Cash received or serives provided) | |||
e. | Accounts payable | $ 7,742 | |
Cash | $ 7,742 | ||
(Paid towards office equipement purchased) | |||
f. | Accounts receivable | $ 2,968 | |
Fees Earned | $ 2,968 | ||
(Billed to a customer towards services provided) | |||
g. | Rent expense | $ 530 | |
Cash | $ 530 | ||
(Paid cash towards rent expense) | |||
h. | Cash | $ 1,247 | |
Accounts receivable | $ 1,247 | ||
(Cash received from customer) | |||
i. | K. Spade, Withdrawals | $ 1,200 | |
Cash | $ 1,200 | ||
(Cash withdrawn by K.Spade) |
2).
Cash | |||
K. Spade, Capital | $ 14,000 | ||
Office Supplies | $ 406 | ||
Fees Earned | $ 1,652 | ||
Accounts payable | $ 7,742 | ||
Rent expense | $ 530 | ||
Accounts receivable | $ 1,247 | ||
K. Spade, Withdrawals | $ 1,200 | ||
Balance | $ 7,021 |
Accounts Receivable | |||
Fees Earned | $ 2,968 | ||
Cash | $ 1,247 | ||
Balance | $ 1,721 | ||
Office supplies | |||
Cash | $ 406 | ||
Balance | $ 406 | 0 |
Office Equipment | |||
Accounts payable | $ 7,742 | ||
Balance | $ 7,742 |
Accounts Payable | |||
Office Equipment | $ 7,742 | ||
Cash | $ 7,742 | ||
Balance | 0 | 0 |
K.Spade, Capital | |||
Cash | $ 14,000 | ||
Balance | $ 14,000 |
K.Spade, Withdrawals | |||
Cash | $ 1,200 | ||
Balance | $ 1,200 |
Fees Earned | |||
Cash | $ 1,652 | ||
Accounts receivable | $ 2,968 | ||
Balance | $ 4,620 |
Rent Expense | |||
Cash | $ 530 | ||
Balance | $ 530 |
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $14,000 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...
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...
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...
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...
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. Kacy Spade, owner, invested $16,000 cash in the company in exchange for common stock. The company purchased office supplies for $464 cash. The company purchased $8,848 of office equipment on credit. The company received $1,888 cash as fees for services provided to a customer. The company paid $8,848 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $3,392...
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answer is not complete The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $13,000 cash in the company. b. The company purchased office supplies for $377 cash. c. The company purchased $7,189 of office equipment on credit. d. The company received $1,534 cash as fees for services provided to a customer. e. The company paid $7,189 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $2.756 as...
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, invested $10,500 cash in the company b. The company purchased office supplies for $305 cash. c. The company purchased $5,807 of office equipment on credit. d. The company received $1,239 cash as fees for services provided to a customer. e. The company paid $5,807 cash to settle the payable for the office equipment purchased...