Required information Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

The company purchased supplies for $$457$ cash.

Note: Enter debits before credits.

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

The company purchased $$8,710$ of equipment on credit.

Note: Enter debits before credits. Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

The company received $$1,859$ cash for services provided to a customer.

Note: Enter debits before credits.

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

The company paid $$8,710$ cash to settle the payable for the equipment

purchased in transaction c$.$

ote: Enter debits before credits. The company billed a customer $$3,339$ for services provided.

Note: Enter debits before credits.

The company paid $$515$ cash for the monthly rent.

Note: Enter debits before credits.The company collected $$1,402$ cash as partial payment for the account

receivable created in transaction f $.$

Note: Enter debits before credits.

The company paid a $$1,200$ cash dividend to the owner $($sole shareholder$).$

Note: Enter debits before credits.

$[$The following information applies to the questions displayed below.$]$

The transactions of Spade Company appear below.

a$.$ K$.$ Spade, owner, invested $$15,750$ cash in the company in exchange for common stock.

b$.$ The company purchased supplies for $$457$ cash.

c$.$ The company purchased $$8,710$ of equipment on credit.

d$.$ The company received $$1,859$ cash for services provided to a customer.

e$.$ The company paid $$8,710$ cash to settle the payable for the equipment purchased in transaction $c.$

f$.$ The company billed a customer $$3,339$ for services provided.

g$.$ The company paid $$515$ cash for the monthly rent.

h$.$ The company collected $$1,402$ cash as partial payment for the account receivable created in transaction $f.$

i$.$ The company paid a $$1,200$ cash dividend to the owner $($sole shareholder$).$

Required:

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.

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

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.

Journal entry worksheet

K$.$ Spade, owner, invested $$15,750$ cash in the company in exchange for

common stock.

Note: Enter debits before credits.