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Kacy Spade, owner, invested $10,750 cash in the company in exchange for common stock. The company purchased supplies for $312 cash. The company purchased $5,945 of equipment on credit. The company received $1,269 cash for services provided to a customer. The company paid $5,945 cash to settle the payable for the equipment purchased in transaction c. The company billed a customer $2,279 for services provided. The company paid $525 cash for the monthly rent. The company collected $957 cash as partial payment for the account receivable created in transaction f. The company paid a $1,000 cash dividend to the owner (sole shareholder). Prepare the Trial Balance. Use May 31 as its report date.
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Kacy Spade, owner, invested $10,750 cash in the company in exchange for common stock. The company pu...
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