Hello, I need help with the following question(s): rCh 2 Exercises xC Chegg Stud
ID: 2431450 • Letter: H
Question
Hello, I need help with the following question(s):
rCh 2 Exercises xC Chegg Study Guided Sol X ? ? ??Secure l https://newconnect.mheducation.com/flow/connect.html Ch 2 Exercises Saved Help Save & Exit Submit Check my work Exercise 2-10 Preparing a trial balance LO P The transactions of Spade Company appear below 4.37 pcinis 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 c 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 recelvable created in transaction i. The company paid $10,000 cash in dividends to the owner Isole shareholder. eBook Hint Piint References Prepare the Trial Balance SPADE COMPANY Trial Balance May 31, 2017 Debit Credit Mc Graw 8 18 PM O Type here to search ^?41)7/26/2018 ES)Explanation / Answer
Trial balance :
Debit Credit Cash 94850 Account receivable 1575 Supplies 1250 Office equipment 10050 Common Stock 100750 Dividend 10000 Service revenue 18200 Rent expense 1225 Total 118950 118950