make a proper Chart of Accounts for ABC Company: Accounts Payable, Accounts Receivable, Advertising Expense, Cash, C.C. Capital, C.C. Drawing, Equipment, Inventory, Prepaid Insurance, Rent Expense, Sales, Supplies, Utilities Expense. We will work on this in class.

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 eachtransaction to identify entries. After recording the transactions, post them to T-accounts, which serve as the general ledger for this assignment. Determine the ending balance of each T-account.

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 T-accounts, which serve as the general ledger for this assignment. Determine the ending balance of each T-account. 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…

Question information and the question are located in the images attached. Thank you.

In the columns Below insert the entry that would be made for each transaction under each accounting basis use an appropriate debit and credit account titles

Refer to the accounting information for Bonnie's Batting Cages (page 2 onwards) ASSETS 1. Using the T-accounts template (see attachment from folder), set up the T-accounts with the balances from the Balance Sheet below. 2. Input the transactions below into each account. *** (Use a transaction reference number as a note) 3. Calculate the balance of each account at the end of the April transactions. Use the function feature of your spreadsheet. 4. Create a trial balance to make sure your debits = credits. Use the template provided in the 2nd tab in the spreadsheet. 5. Create a new Balance Sheet dated April 30, 2023. Use the template provided in the 3rd tab in the spreadsheet. Assets T_accounts Assets Account Bank Bonnie's Batting Cages and Softball Services BALANCE SHEET March 31, 2023 Accounts Receivable - Infield Flyers Remdal Red Sox Supplies Equipment Total Assets $ 56 450 3.300 1500 13 500 52 000 $126 750 T_accounts Trial Balance Liabilities Accounts Payable -Cannon Sports Trial…

Post these transactions from each General Journal into the General Ledger accounts.   When posting transactions to the general ledger, use the transaction letters a, b, c, d, or e as the description for each entry. Also, the dates must be entered in the format dd/mmm (ie, 15/Jan).

In Quickbooks, for a purchase on account and the subsequent payment for the purchase, which business forms are used to record the purchase and payment.

Open your quickbooks online company. complete chapter 2's hands-on work and step-by- step activities presented on pages 39 to 70. type the answers to the questions below. required: 1. what is the account number and account type for checking? 2. what is the account number and account type for accounts payable? 3. what is the account number and account type for common stock?

Why is it vital for a business to have a complete and accurate chart of accounts? Select an answer: so income and expense items can be posted to the business's balance sheet so the default feature in QuickBooks can alphabetize by categories and subcategories so receipts and payments can be applied to the appropriate categories and subcategories