### Determine the ending balance of each t account

Assignment Help Accounting Basics
##### Reference no: EM13892565

1.Prepare general journal entries to record the transactions below for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; K. Spade, Capital; K. Spade, Withdrawals; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. After recording the transactions, post them to Taccounts, which serves as the general ledger for this assignment. Determine the ending balance of each Taccount.

a. Kacy Spade, owner, invested \$100,750 cash in the company.
b. The company purchased office supplies for \$1,250 cash.
c. The company purchased \$10,050 of office equipment on credit.
d. The company received \$15,500 cash as fees for services provided to a customer.
e. The company paid \$10,050 cash to settle the payable for the office equipment purchased in transaction c.
f. The company billed a customer \$2,700 as fees for services provided.g. The company paid \$1,225 cash for the monthly rent.
h. The company collected \$1,125 cash as partial payment for the account receivable created in transaction f.
i. Kacy Spade withdrew \$10,000 cash from the company for personal use.

#### .carmen camry operates a consulting firm called help today.

1.Carmen Camry operates a consulting firm called Help Today. On August 31, the company's records show the following accounts and amounts for the month of August. Use this info

#### Determine ainsworths net loss per share

Determine the amounts necessary to record income taxes for 2013 and prepare the appropriate journal entry and determine Ainsworth's net loss per share for the year ended Decem

#### Calculate rate of change in the annual dividend per share

What has been the pattern of the cash dividend amount per share relative to the pattern of earnings per share Calculate the rate of change in the annual dividend per sha

#### Calculate amount of cash that would be available to owner

Calculate the amount of cash that would be available to the owners if the accounts receivable are collected, the other assets are sold as described, and the liabilities are

#### How would you categorize each of given nonasset accounts

Identify accounts by category Listed here are a number of accounts. Which of the accounts listed above are not assets? How would you categorize each of these nonasset accounts

#### Can one reject the claim at alpha

A ski shop manager claims that the average of the sales for her shop is \$1800 a day during the winter months. Fifty winter days are selected at random, and the mean of the s

#### Calculate the balance at end of year for accounts receivable

Accounts receivable, bad debts, credit sales, and cash collections analysis At the beginning of the year. Calculate the balances at the end of the year for the Accounts Receiv

#### Prepare a bank reconciliation as of september for happ inc

Bank reconciliation The balance in Happ, Inc.'s general ledger Cash account was \$12,430 at September 30, before reconciliation. Prepare a bank reconciliation as of September 3