The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $19,000 cash in...
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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $19,000 cash in the company in exchange for common stock. b. The company purchased office supplies for $551 cash. c. The company purchased $10,507 of office equipment on credit. d. The company received $2,242 cash as fees for services provided to a customer. e. The company paid $10,507 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $4,028 as fees for services provided. g. The company paid $530 cash for the monthly rent. h. The company collected $1,692 cash as partial payment for the account receivable created in transaction f. i. The company paid a $1,000 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report date. Prepare the Trial Balance. Use May 31 as its report date. X Answer is not complete. SPADE COMPANY Trial Balance May 31 Debit Credit Cash Office supplies Office equipment Accounts receivable Accounts payable Dividends Common stock Fees earned Rent expense Totals $ 0 $ 0
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