Business, 03.07.2020 18:01 arthurdolz

The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,000 cash in the company in exchange for common stock.
b. The company purchased office supplies for $522 cash. The company purchased $9,954 of office equipment on credit.
c. The company received $2,124 cash as fees for services provided to a customer.
d. The company paid $9,954 cash to settle the payable for the office equipment purchased in transaction c.
e. The company billed a customer $3,816 as fees for services provided.
f. The company paid $530 cash for the monthly rent.
g. The company collected $1,603 cash as partial payment for the account receivable created in transaction f.
h. The company paid a $1,000 cash dividend to the owner (sole shareholder).

Required:
Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries.

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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $18,000 cash in the...

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