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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
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.
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