Business, 07.10.2019 17:30 restinpeicejahseh
The transactions of spade company appear below. kacy spade, owner, invested $100,750 cash in the company in exchange for common stock. the company purchased office supplies for $1,250 cash. the company purchased $10,050 of office equipment on credit. the company received $15,500 cash as fees for services provided to a customer. the company paid $10,050 cash to settle the payable for the office equipment purchased in transaction c. the company billed a customer $2,700 as fees for services provided. the company paid $1,225 cash for the monthly rent. the company collected $1,125 cash as partial payment for the account receivable created in transaction f. the company paid $10,000 cash in dividends to the owner (sole shareholder). required: 1. prepare general journal entries to record the transactions above for spade company by using the following accounts: cash; accounts receivable; office supplies; office equipment; accounts payable; common stock; dividends; fees earned; and rent expense. use the letters beside each transaction to identify entries. 2. post the above journal entries to t-accounts, which serve as the general ledger for this assignment.
Answers: 3
Business, 23.06.2019 02:30, 310000982
On december 1, 2017, bigham corporation pays a dividend of $4.00 on each share of its common stock. vanessa and gena, two unrelated shareholders, each own 5,000 shares of the stock. vanessa has owned her stock for two years while gena purchased her stock on november 3, 2017. how does each shareholder treat the $20,000 dividend from bigham
Answers: 3
The transactions of spade company appear below. kacy spade, owner, invested $100,750 cash in the com...
English, 17.02.2020 17:06