subject
Business, 16.10.2020 14:01 bcox32314

The transactions of Spade Company: a. Kacy Spade, owner, invested $16,750 cash in the company in exchange for common stock.
b. The company purchased office supplies for $486 cash.
c. The company purchased $9,263 of office equipment on credit.
d. The company received $1,977 cash as fees for services provided to a customer.
e. The company paid $9,263 cash to settle the payable for the office equipment purchased in transaction c.
f. The company billed a customer $3,551 as fees for services provided.
g. The company paid $520 cash for the monthly rent.
h. The company collected $1,491 cash as partial payment for the account receivable created in transaction f.
g. The company paid a $800 cash dividend to the owner (sole shareholder).

Required:
Prepare the Trial Balance. Use May 31 as its report date.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:00
T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow
Answers: 1
question
Business, 23.06.2019 01:30
Why would adjusting the money supply be expected to increase economic growth during a recession? a) increasing the money supply will encourage more saving. b) increased money supply will encourage more spending and investment. co) decreased money supply will encourage more spending and investment. d) recession is caused by too much
Answers: 3
question
Business, 23.06.2019 08:10
Suppose that in the year 2020 the price level in the fictional country of demet is 100, and the governement is considering
Answers: 2
question
Business, 23.06.2019 22:30
In a suit by the national forest preservation organization (nfpo) against old growth logging, inc., nfpo serves a written request for old growth to admit the truth of matters relating to the trial. old growth's admission in response is the equivalent of
Answers: 3
You know the right answer?
The transactions of Spade Company: a. Kacy Spade, owner, invested $16,750 cash in the company in ex...
Questions
question
Chemistry, 29.07.2019 12:30
Questions on the website: 13722360