Question: Please help, what amount goes in the cash section? Required information Use the following information for Exercises 13-14 below. (Algo) [The following information applies to

Please help, what amount goes in the cash section?

Please help, what amount goes in the cash section? Required information Use

the following information for Exercises 13-14 below. (Algo) [The following information applies

Required information Use the following information for Exercises 13-14 below. (Algo) [The following information applies to the questions displayed below.] The transactions of Spade Company appear below. a. K. Spade, owner, invested $10,500 cash in the company in exchange for common stock. b. The company purchased supplies for $305 cash. c. The company purchased $5,807 of equipment on credit. d. The company received $1,239 cash for services provided to a customer. e. The company paid $5,807 cash to settle the payable for the equipment purchased in transaction c. f. The company billed a customer $2,226 for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $935 cash as partial payment for the account receivable created in transaction f. i. The company paid a $800 cash dividend to the owner (sole shareholder). Exercise 2-14 (Algo) Preparing a trial balance LO P1 Prepare the Trial Balance. Use May 31 as its report date. (Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses.) Exercise 2-14 (Algo) Preparing a trial balance LO P1 Prepare the Trial Balance. Use May 31 as its report date. (Hint: Accounts must be listed in financial statement order: Assets first, followed by liabilities, equity, revenues and expenses.) SPADE COMPANY Trial Balance May 31 Debit Credit Cash Accounts receivable 1,291 305 Supplies Equipment Accounts payable 5,807 $ 0 Common stock 10,500 Dividends 800 Services revenue 3,465 Rent expense 520 Totals $ 8,723 $ 13,965

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