For the following transactions of Spade Company, (1) Prepare general journal entries (2) Post entries to T-accounts

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For the following transactions of Spade Company, 

(1) Prepare general journal entries 

(2) Post entries to T-accounts and calculate the ending balance of each T-account. Use the following accounts: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; Common Stock; Dividends; Services Revenue; and Rent Expense.

a. Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock.

b. The company purchased supplies for $1,250 cash.

c. The company purchased $10,050 of equipment on credit.

d. The company received $15,500 cash for services provided to a customer.

e. The company paid $10,050 cash to settle the payable for the equipment purchased in transaction c.

f. The company billed a customer $2,700 for services provided.

g. The company paid $1,225 cash for the monthly rent.

h. The company collected $1,125 cash as partial payment for the account receivable created in transaction f.

i. The company paid a $10,000 cash dividend to the owner (sole shareholder).

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