Exercise $2-13($Algo$)$ Recording effects of transactions in T$-$accounts LO A$1$

Required:

$1.$ Prepare general journal entries to record the transactions of Spade Company by using the following accounts: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; Common Stock; Dividends; Services Revenue; and Rent Expense.

$2.$ Post entries to $\backslash ($ T $\backslash )-$accounts and the ending balances will be calculated.

Post entries to T$-$accounts and the ending balances will be calculated.