Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the transactions of spade company appear below. ka

The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the...

80.2K

Verified Solution

Question

Accounting

The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common stock. The company purchased office supplies for $363 cash. The company purchased $6,913 of office equipment on credit. The company received $1,475 cash as fees for services provided to a customer. The company paid $6,913 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $2,650 as fees for services provided. The company paid $520 cash for the monthly rent. The company collected $1,113 cash as partial payment for the account receivable created in transaction f. The company paid $1,100 cash in dividends to the owner (sole shareholder).

Prepare the Trial Balance.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the coordinates of the midpoint of a segment with the given endpoints.19. (5, 11),...

Geometry
Q

Create a Journal entry 11/1/18 Dixie Iron Works, Inc. (the latest and greatest place to pump iron from...

Finance
Q

An investor purchased 200 shares of stock at $100 per share on 65% margin. Suppose the maintance...

Finance
Q

Find the simpli?ed expression for x[n] where x[n] = cos(0.6?n+ ?/6 )+?3cos(1.4?n+ ?/3 )?2cos(0.6?n? ?/6 )....

Electrical Engineering
Q

A satellite is in an elliptical orbit around the earth. The distance from the satellite to...

Physics
Q

An economist wants to estimate the mean per capita income in thousands of dollars for...

Statistics
Q

Use logarithmic differentiation to find f x if f x f x 5x 4 4...

Calculus
Q

Entries for Materials Kingstord Furnishings Company manufactures designer...

Accounting
Q

Discuss how the bond premium could be disposed

Accounting
Q

Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends...

Accounting
Q

32. Treasury bills are traded in the A. O money market B. O capital market...

Accounting
Q

ASSIGNMENT 05: JOURNAL ENTRIES FOR MERCHANDISING BUSINESS Transactions for the 1" vear 200x: Jan 1...

Accounting