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The transactions of Spade Company appear below.

1. Kacy Spade, owner, invested $17,750 cash in the company in exchange for common stock.
2. The company purchased office supplies for $515 cash.
3. The company purchased $9,816 of office equipment on credit.
4. The company received $2,095 cash as fees for services provided to a customer.
5. The company paid $9,816 cash to settle the payable for the office equipment purchased in transaction c.
6. The company billed a customer $3,763 as fees for services provided.
7. The company paid $535 cash for the monthly rent.
8. The company collected $1,580 cash as partial payment for the account receivable created in transaction f.
9. The company paid $800 cash in dividends to the owner (sole shareholder).

Prepare the Trial Balance.

Answer 1

PARTICULARS	DEBIT	CREDIT
Cash	$         9,759
Office supplies	$             515
office equipment	$         9,816
Accounts receivable	$         2,183
Rent	$             535
Dividend	$             800
Capital		$         17,750
revenue		$            5,858
	$       23,608	$         23,608