2. The transactions of Spade Company appear below: 1/1 K. Spade, owner, invested $100,750 cash in...

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2. The transactions of Spade Company appear below: 1/1 K. Spade, owner, invested $100,750 cash in the company in exchange for common stock 1/5 The company purchased supplies for $1,250 cash. 1/10 The company purchased $10,050 of equipment on credit. 1/12 The company received $15,500 cash for services provided to a customer. 1/15 The company paid $10,050 cash to settle the payable for the equipment purchased in transaction c. 1/20 The company billed a customer $2,700 for services provided. 1/27 The company paid $1,225 cash for the monthly rent. 1/29 The company collected $1,125 cash as partial payment for the account receivable created on 1/20. 1/31 The company paid a $10,000 cash dividend to the owner (sole shareholder). Prepare the general journal entries for Spade Company. 2. The transactions of Spade Company appear below: 1/1 K. Spade, owner, invested $100,750 cash in the company in exchange for common stock 1/5 The company purchased supplies for $1,250 cash. 1/10 The company purchased $10,050 of equipment on credit. 1/12 The company received $15,500 cash for services provided to a customer. 1/15 The company paid $10,050 cash to settle the payable for the equipment purchased in transaction c. 1/20 The company billed a customer $2,700 for services provided. 1/27 The company paid $1,225 cash for the monthly rent. 1/29 The company collected $1,125 cash as partial payment for the account receivable created on 1/20. 1/31 The company paid a $10,000 cash dividend to the owner (sole shareholder). Prepare the general journal entries for Spade Company.

Answer rating: 100% (QA)

Answer Here are the general journal entries for Spade Company Date Account Titles Debit Cred... View the full answer