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 $19,500 cash in the company in exchange for common stock b. The company purchased supplies for $566 cash c. The company purchased $10,784 of equipment on credit d. The company received $2,301 cash for services provided to a customer e. The company paid $10,784 cash to settle the payable for the equipment purchased in transaction f. The company billed a customer $4.134 for services provided g. The company paid $515 cash for the monthly rent h. The company collected $1,736 cash as partial payment for the account receivable created in transaction, 1. The company paid a $1000 cash dividend to the owner (sole shareholder) Exercise 2-13 (Algo) Recording effects of transactions in T-accounts LO A1 Required: 1. Prepare general joumal entries to record the transactions of Spade Company by using the following accounts. Cosh: Accounts Receivable: Supplies: Equipment Accounts Payable: Common Stock: Dividends: Services Revenue and Rent Expense 2. Post entries to accounts and the ending balances will be calculated. Complete this question by entering your answers in the tabs below. 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 Ver
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