3 00:45:27 Following are the transactions of a new company called Smiley Pictures. Aug. 1Fahmy Amin, the owner, invested $35,000 cash in the company. 2 The company provided photography services for one of its customers for 17,500, received 11,000 cash and the remaining amount will be received within 10 days. The company borrowed $15,000 cash from the bank by signing a promissory 9 note Prepare general journal entries for the above transactions.

Following are the transactions of a new company called Smiley Pictures. Aug. 1 Fahmy Amin, the owner, invested $35,000 cash in the company. 2 The company provided photography services for one of its customers for 17,500 , 2 received 11,000 cash and the remaining amount will be received within 10 days. 9 The company borrowed $15,000 cash from the bank by signing a promissory note Prepare general journal entries for the above transactions