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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.

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The transactions of spade company appear below. kacy spade, owner, invested $100,750 cash in the com...

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