Reference no: EM132937873

Problem - This shows what is Colle The transactions of Spade Company appear below.

a. Kacy Spade, owner, invested $13,500 cash in the company in exchange for common stock.

b. The company purchased office supplies for $392 cash.

c. The company purchased $7,466 of office equipment on credit.

d. The company received $1,593 cash as fees for services provided to a customer.

e. The company paid $7,466 cash to settle the payable for the office equipment purchased in transaction c.

f. The company billed a customer $2,862 as fees for services provided.

g. The company paid $525 cash for the monthly rent.

h. The company collected $1,202 cash as partial payment for the account receivable created in transaction.

i. The company paid a $1,200 cash dividend to the owner (sole shareholder).

Required - Prepare the Trial Balance. Use May 31 as its report date.