Question: Exercise 2-10 Preparing a trial balance LO P2 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $17.750 cash in the company
Exercise 2-10 Preparing a trial balance LO P2 The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $17.750 cash in the company in exchange for common stock b. The company purchased office supplies for $515 cash. C. The company purchased $9,816 of office equipment on credit. d. The company received $2,095 cash as fees for services provided to a customer. e. The company paid $9,816 cash to settle the payable for the office equipment purchased in transaction f. The company billed a customer $3,763 as fees for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1,580 cash as partial payment for the account receivable created in transaction f 1. The company paid $1,000 cash in dividends to the owner (sole shareholder) Prepare the Trial Balance. SPADE COMPANY Trial Balance May 31, 2017 Debit Credit
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