2 Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company 2 The company paid $2,100 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $880 cash 20 The company received $3,331 cash in photography fees earned 31 The company paid $675 cash for August utilities. Aug. 1 polnts Prepare general journal entries for the above transactions. eBook View transaction list Print Journal entry worksheet References 1 2 3 4 5 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company. Note: Enter debits before credits. General Journal Date Debit Credit Cash 6,500 Aug 01 Photography equipment 33,500 Accounts receivable Clear entry View general journal Record entry