The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $11,500 cash in the company in exchange f

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The Transactions Of Spade Company Appear Below A Kacy Spade Owner Invested 11 500 Cash In The Company In Exchange F 1 (113.03 KiB) Viewed 63 times

The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $11,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $334 cash. c. The company purchased $6,360 of office equipment on credit. d. The company received $1,357 cash as fees for services provided to a customer. e. The company paid $6,360 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $2,438 as fees for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1,024 cash as partial payment for the account receivable created in transaction f. i. The company paid a $1,100 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report date.
Totals SPADE COMPANY Trial Balance May 31 Debit Credit