Aug.1Madison Harris, the owner, invested $5,500 cash and $23,650 of photography equipment in the company.2The company paid $2,300 cash for an insurance policy covering the next 24 months.5The company purchased office supplies for $1,045 cash.20The company received $4,000 cash in photography fees earned.31The company paid $866 cash for August utilities.

Prepare general journal entries for the above transactions.