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Business, 09.02.2021 01:00 aek02

The transactions of Spade Company appear below. Kacy Spade, owner, invested $14,750 cash in the company. The company purchased office supplies for $428 cash. The company purchased $8,157 of office equipment on credit. The company received $1,740 cash as fees for services provided to a customer. The company paid $8,157 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $3,127 as fees for services provided. The company paid $535 cash for the monthly rent. The company collected $1,313 cash as partial payment for the account receivable created in transaction f. Kacy Spade withdrew $900 cash from the company for personal use. Required: 1. 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; K. Spade, Capital; K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment.

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The transactions of Spade Company appear below. Kacy Spade, owner, invested $14,750 cash in the comp...
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