Exercise 2-7 Preparing general Journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. Aus. 1 Madison Harris, the owner, invested $6,500 cash and $33,5ee of photography equipment in the company. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $888 cash. 28 The company received $3,331 cash in photography fees earned. 31 The company paid 5675 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 4 5 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company. Note: Enter debits before credits Date General Journal Debit Credit Aug 01 TIL