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4. value 5.00 points Following are the transactions of a new company called Pose for Pics (a sole-proprietorship). Aug. 1 Kasey Madison, the owner,
4. value 5.00 points Following are the transactions of a new company called Pose for Pics (a sole-proprietorship). Aug. 1 Kasey Madison, the owner, invested $10,250 cash and $44,075 of photography equipment in the company 2 The company paid $2,900 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,948 cash. 20 The company received $2,150 cash in photography fees earned. 31 The company paid $879 cash for August utilities. Prepare general journal entries for the above transactions, assuming the company has monthly accounting periods. (Omit the "S" sign in your response.) Date Aug. 1 General Journal (Click to select) Debit Credit 2 (Click to select) (Click to select) (Click to select) (Click to select) v 5 (Click to select) (Click to select) 20 (Click to select) (Click to select) v | | | | | 001
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