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3 00:44:05 Following are the transactions of a new company called Smiley Pictures. Aug. 1The company purchased office equipment for $10,000 paid $7,500 cash

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3 00:44:05 Following are the transactions of a new company called Smiley Pictures. Aug. 1The company purchased office equipment for $10,000 paid $7,500 cash and agreed to pay the balance within 30 days. 2 The company billed one of its customers $3,000 for photography services provided to the customer. 25The company paid $700 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 The company purchased office equipment for $10,000 paid $7,500 cash and agreed to pay the balance within 30 days. Note: Enter debits before credits. Date Aug 01 General Journal Debit Credit

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