7.42 points Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $14,500 cash and $62,358 of photography equipment in the company in exchange for common stock, 2 The company paid $2,700 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,755 cash. 20 The company received $3,950 cash in photography fees earned. 31 The company paid $888 cash for August utilities, Prepare general journal entries for the above transactions. eBook Hint View transaction list References Madison Harris, the owner, invested $14,500 cash and $62,350 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Date Aug 01 General Journal Debit Credit The company paid $2,700 cash for an insurance policy covering the next 24 months. Note: Enter debits before credits. General Journal Date Aug 02 Debit Credit The company purchased office supplies for $2,755 cash. Note: Enter debits before credits, Date General Journal Debit Credit Aug 05 The company received $3,950 cash in photography fees earned. Note: Enter debits before credits. General Journal Debit Credit Date Aug 20 The company paid $880 cash for August utilities. Note: Enter debits before credits. Date General Journal Debit Credit Aug 31