Question: can someone help me with this hwk problem asap please? Required information [The following information applies to the questions displayed below.] The transactions of Spade

can someone help me with this hwk problem asap please? can someone help me with this hwk problem asap please? Required information

Required information [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. Kacy Spade, owner, Invested $12,000 cash in the company in exchange for common stock. b. The company purchased supplies for $348 cash. c. The company purchased $6,636 of equipment on credit. d. The company received $1,416 cash for services provided to a customer. e. The company paid $6,636 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,544 for services provided. g. The company paid $515 cash for the monthly rent. h. The company collected $1,068 cash as partial payment for the account recelvable created in transaction f. i. The company paid a $800 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report date

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!