1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masja [62]
3 years ago
11

The transactions of Spade Company appear below.

Business
1 answer:
torisob [31]3 years ago
5 0

Answer:

Please see the required journals below.

Explanation:

a. Owner's investment in business

Debit Cash $18,750

Credit Common Stock $18,750

b. Purchase of office supplies

Debit Office Supplies $544

Credit Cash $544

c. Purchase of office equipment on credit

Debit Office Equipment $10,369

Credit Accounts Payable $10,369

d. Receipt of fees for services provided to a customer

Debit Cash $2,212

Credit Fees Earned $2,212

e. Payment of office equipment purchased on credit

Debit Accounts Payable $10,369

Credit Cash $10,369

f. Fees for services provided to a customer

Debit Accounts Receivable $3,975

Credit Fees Earned $3,975

g. Payment for monthly rent

Debit Rent Expense $515

Credit Cash $515

h. Collection of partial accounts receivable in (f) above

Debit Cash $1,670

Credit Accounts Receivable $1,670

i. Withdrawal of cash for personal use

Debit Drawings account $1,100

Credit Cash $1,100

You might be interested in
How much are ball pythons worth
Maurinko [17]
Depending on where you take your snake, what condition its in and wether it is male or female (females are worth more)will all effect its value. 
8 0
3 years ago
You have just been hired as a database administrator for an international corporation that is a holding company for many other c
gladu [14]
First of all you need to get the knowledege about previous as you only a database administrator.
5 0
3 years ago
Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to
natta225 [31]

Answer: D. 500

Explanation:

The Economic Order Quantity (EOQ) refers to an efficient number of units that a company should order to minimize the total costs of inventory such as holding costs, order costs, and shortage costs.

It is calculated by the formula below,

EOQ = √ (2 * Annual demand * Ordering Cost / Holding Cost)

EOQ = √ (2 * 5,000 * 250 /10)

EOQ = 500 units.

The economic ordering quantity (EOQ) for this item is 500 units.

6 0
3 years ago
A loss is when:
skad [1K]

Answer:

a if revenue is greater the loss in money will deplinish

6 0
2 years ago
Read 2 more answers
The debt to owners' equity ratio is a common type of liquidity ratio
s344n2d4d5 [400]

Answer: No

Explanation: D/E is a solvency ratio. Liquidity ratios are quick and current ratios.

5 0
3 years ago
Other questions:
  • Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at
    9·1 answer
  • Is mercury an appropriate target for agi? why or why not?
    8·1 answer
  • Cyclical unemployment is the fluctuating unemployment over the business cycle that increases during​ _____ and decreases during​
    13·2 answers
  • What are the consequences of not notifying your reference of their inclusion in your job
    10·1 answer
  • Once managers of The Grecian Urn have decided on their product concept and marketing strategy, they can evaluate the business at
    10·1 answer
  • A company rents a building with a total of 100,000 square feet, which are evenly divided between two floors. The space on the fi
    13·1 answer
  • The following selected transaction were completed by gourmet company during January of the current year:
    10·1 answer
  • Elaborate on the meaning of lobbying and networking​
    7·1 answer
  • (BRAINLIEST + 100 POINTS)
    15·1 answer
  • Madison promises Grace $10 if Grace collects her dry cleaning for her. This is an example of a(n) ________ contract. Group of an
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!