Chapter 2 - Exercises 00 8 Saved Part 1 of 2 4.16 points eBook Required information [The following information applies to the questions displayed below.) Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $13,250 cash and $56,975 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,800 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $2,518 cash. August 20 The company received $2,600 cash from taking photos for customers. August 31 The company paid $866 cash for August utilities. Print References Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from above transactions to the ledger account for cash. 101: Cash Date Debit Credit Balance Help Save & Exit 5 Check my