The transactions of Spade Company appear below.
a. K. Spade, owner, invested $10,250 cash in the company.
b. The company purchased supplies for $297 cash.
c. The company purchased $5,668 of equipment on credit.
d. The company received $1,210 cash for services provided to a
customer.
e. The company paid $5,668 cash to settle the payable for the
equipment purchased in transaction C.
f. The company billed a customer $2,173 for services provided.
g.
The company paid $515 cash for the monthly rent.
The company collected $913 cash as partial payment for the
account receivable created in transaction f.
i. K. Spade withdrew $1,200 cash from the company for personal
use
Prepare the Trial Balance. Use May 31 as its report date.
