The transactions of Spade Company appear below. (a) Kacy Spade, owner, invested $100,750 cash in the company in exchange for common stock.(b) The company purchased office supplies for $1,250 cash.(c) The company purchased $10,050 of office equipment on credit.(d) The company received $15,500 cash as fees for services provided to a customer.(e) The company paid $10,050 cash to settle the payable for the office equipment purchased in transaction (f) The company billed a customer $2,700 as fees for services provided.(g) The company paid $1,225 cash for the monthly rent.(h) The company collected $1,125 cash as partial payment for the account receivable created in transaction (i) The company paid $10,000 cash in dividends to the owner (sole shareholder). Check Cash ending balance, $94,850 Prepare the Trial Balance

Explanation:

Journal entry

a. Dr Cash 100750

               Cr Capital- Kacy spade 100750

(Investment in company)

b. Dr Office supplies 1250

                          Cr Cash     1250

(to purchase office supplies on cash)

c. Dr Office equipment 10050

                   Cr Accounts payable  10050

( To record purchase of office equipment)

d. Dr Cash  15500

                       Cr Service fee income   15500

     ( To record service provided to customer)

e. Dr Accounts payable  10050

                   Cr Cash                   10050

( To record payment of office equipment purchase)

f. Dr  Account receivable  2700

                           Cr Service revenue    2700

(To record service revenue)

g. Dr Rent expense 1225

                 Cr Cash           1225

( To record rent expense on cash)

h. Dr Cash 1125

              Dr Account receivable 1125

         ( To record  partial collection of receivable )

i. 1) Dr Retained earning  10000

                             Cr Dividend payable   10000

( To record dividend yet to be to shareholder )

 2.) Dr Dividend payable   10000

              Cr    cash                       10000      

 ( To record  Payment of cash dividend)

  Cash                                                                     capital-kacy spade

DrCr___                                     ___ DR Cr

100750  ---  1250                                                                    --100750

15500 ---10050

           ---1225

1125-- 10000

Office supplies                                                             Office equipment

Dr Cr__                                           __ Dr Cr

1250--                                                                       10050---

Accounts payable                                                       Service fee income

DrCr_                                               __ Dr Cr_

   10050       10050                                                                   10050

                                                                                                    ---2700

Service revenue                                                            Account receivable

DrCr__                                          _ Dr Cr

                --                                                                    27001125

rent expense                                                             retained earning

DrCr__                                              _ Dr Cr__  

1225--                                                                        10000 10000

Dividend payable

DrCr  

10000 --- 10000

Trial Balance

Cash       94850                                      100750     Capital-Kacy spade

Salary expense                                                

Rent expense  1225                                                  Account payable

Office Equipment  10050                                    Retained earning

Prepaid insurance                                          12750  Service revenue

office supplies  1250                                                   Dividend payable

Account receivable  1575

total 108950 =  108950

answer; /// i do believe that the correct answer is ; ///claude garamond;

all of them make sense but, i would have to say ask someone who has been there/or lives there, and/or read recent newspapers from that city.

hope this !