Question & Answer: The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15, 500 cash in the company. b. The com…..

ezto mheducation.com The transactions of Spade Company appear below a. Kacy Spade, owner, invested $15,500 cash in the company b. The company purchased office supplies for $450 cash. c. The company purchased $8,572 of office equipment on credit d. The company received $1,829 cash as fees for services provided to a customer e. The company paid $8,572 cash to settle the payable for the office equipment purchased in transaction c t. The company biled a customer $3,286 as fees for services provided The company paid $520 cash for the monthly rent The company collected $1.380 cash as partial payment for the account receivable created in transaction f i. Kacy Spade withdrew $900 cash from the company for personal use Required: 1. Prepare general journal entries to record the transactions above for Spade Accounts Payable; K. Spade, by using the following accounts: Cash Accounts Receivable; OfSce Capital: K. Spade, Withdrawals; Fees Eamed: and Rent Expense. Use the leters beside each transaction to identity entries 2. Post the above journal entries to T-accounts, for this assignment Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the above journal entries to T-accounts, which serves as the general ledger for this assignment Cash MacBook Ai 名0F3 od FS Fe

The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15, 500 cash in the company. b. The company purchased office supplies for $-450 cash. c. The company purchased $8, 572 of office equipment on credit. d. The company received $1, 829 cash as fees for services provided to a customer. e. The company paid $8, 572 cash to settle the payable for the office equipment purchased in transaction e. f. The company billed a customer $3, 286 as fees for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1.380 cash as partial payment for the account receivable created in transaction f. i. Kacy Spade withdrew $900 cash from the company for personal use. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash: Accounts Receivable: Office Accounts Payable: K. Spade, Capital: K, Spade, Withdrawals: Fees Earned: and Rent Expense. Use the letters beside each transaction to identity entries. Post the above journal entries to T-accounts, which serves as the general ledger for this assignment. Post the above journal entries to T-accounts, which serves as the general ledger for this assignment.

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