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Make the trial balance use may as report date

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The transactions of Spade Company appear below. Kacy Spade, owner, invested $11,750 cash in the company.

  1. The company purchased office supplies for $341 cash.
  2. The company purchased $6,498 of office equipment on credit.
  3. The company received $1,387 cash as fees for services provided to a customer.
  4. The company paid $6,498 cash to settle the payable for the office equipment purchased in transaction c.
  5. The company billed a customer $2,491 as fees for services provided.
  6. The company paid $510 cash for the monthly rent.
  7. The company collected $1,046 cash as partial payment for the account receivable created in transaction f.
  8. Kacy Spade withdrew $1,200 cash from the company for personal use.

Problem 1: Prepare the Trial Balance. Use May 31 as its report date

Reference no: EM132657371

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