In this case, you will record the effects of transactions using the accrual method of accounting.
Prepare general journal entries using an Excel spreadsheet to record the transactions listed below for
the Spade Company.
Assignment Template attached below in the file name "Project Template"
Use the following chart of accounts:
K. Spade, capital
K. Spade, withdrawals
Use the letters beside each transaction to identify your entries:
a. Kacy Spade, owner, invested $10,750 cash in the company.
b. The company purchased office supplies for $312 cash.
c. The company purchased $5,945 of office equipment on credit.
d. The company received $1,268 cash as fees for services provided to a customer.
e. The company paid $5,945 cash to settle the payable for the office equipment purchased in
f. The company billed a customer $2,279 as fees for services provided.
g. The company paid $510 cash for the monthly rent.
h. The company collected $957 cash as partial payment for the account receivable created in
i. Kacy Spade withdrew $1,000 cash from the company for personal use.
In an Excel spreadsheet, prepare journal entries a through i. Make sure that the debits equal the credits
for each journal entry. Under each journal entry, include one sentence that explains the transaction.
Dear Sir, I have gone through your job-posting and become very eager to do the [login to view URL] I have a team & good knowledge in the [login to view URL] give a chance to prove my skills. Md Alamgir Relevant Skills and Experienc Plus
11 freelance font une offre moyenne de $23 pour ce travail
I have over 9 years of experience in accounts and finance. Let's discuss to start your assignment.
hello sir, I read your job,its a easy job for me,i can do this in 100% accuracy,you can trust me sir. wait for your reply. Have a nice day. Thank you. Relevant Skills and Experience excel,Acoounting,Va Proposed Miles Plus
Hi sir i am new freelancer please give me a chance to do your work and i will prove myself . Relevant Skills and Experience Data entry,web scraping Proposed Milestones $10 USD - nothing