subject
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.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.
Answers: 1
question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
question
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
question
Business, 22.06.2019 23:30
What is the difference between career options in the law enforcement pathway and career options in the correction services pathway?
Answers: 1
You know the right answer?
The transactions of spade company appear below. kacy spade, owner, invested $100,750 cash in the com...
Questions
question
English, 17.11.2020 17:40
question
Biology, 17.11.2020 17:40
question
Mathematics, 17.11.2020 17:40
question
Mathematics, 17.11.2020 17:40