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Check my work 3 0.85 points Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,500 cash
Check my work 3 0.85 points Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $880 cash. 20 The company received $3,331 cash in photography fees earned. 31 The company paid $675 cash for August utilities. Prepare general journal entries for the above transactions. eBook Hint View transaction list Journal entry worksheet 1 2 5 Book Hint Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock. rint rences Note: Enter debits before credits. Date Debit Credit Aug 01 General Journal Cash Photography equipment 6,500 33,500 Record entry Clear entry View general journal
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