Question: Check my work mode : This shows what is correct or incorrect for the work you have completed so far. I The transactions of Spade
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. I The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $15,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $435 cash. c. The company purchased $8,295 of office equipment on credit. d. The company received $1,770 cash as fees for services provided to a customer. e. The company paid $8,295 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,180 as fees for services provided. g. The company paid $525 cash for the monthly rent. h. The company collected $1,336 cash as partial payment for the account receivable created in transaction. 1. The company paid $900 cash in dividends to the owner (sole shareholder). Prepare the Trial Balance. Answer is not complete. Credit SPADE COMPANY Trial Balance May 31, 2018 Debit Cash $ 7.951 Common stock Office supplies 435 Office equipment 8,295 Accounts payable Accounts receivable 1,844 Rent experte 525 Dividends DOO 15 000 4,950 ooooo Totals $ 19,950 $ 19,950
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