Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. . 1 Madison Harris, the owner, invested $13,250 cash and $56,975 of photography equipment in the company. 2 The company paid $3,900 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $2,518 cash. 20 The company received $2.650 cash in photography fees earned. 31 The company paid $884 cash for August utilities Prepare general Journal entries for the above transactions. View transaction list Journal entry worksheet nces 1 2 3 4 5 Madison Harris, the owner, invested $13,250 cash and $56,975 of photography equipment in the company. Note: Enter debits before credits Date Aug 01 General Journal Debit Credit Record entry Clear entry View general journal Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. . 1 Madison Harris, the owner, invested $13, 250 cash and $56,975 of photography equipment in the company 2 The company puid $3,900 cash for an insurance policy covering the next 24 nonths 5 The company purchased office supplies for $2,518 cash 20 The company received $2,650 cash in photography fees earned. 31 The company paid $884 cash for August utilities Prepare general Journal entries for the above transactions. View transaction list Journal entry worksheet The company purchased office supplies for $2,518 cash. Note: Enter debits before credits. Date Aug 05 General Journal Debit Credit Record entry Clear entry View general journal Exercise 2-7 Preparing general journal entries LO P1 Aug Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $13,250 cash and $56,975 of photography equipment in the company 2 The company paid $3,900 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $2,518 cash. 20 The company received $2,650 cash in photography fees earned. 31 The company paid $884 cash for August utilities Prepare general Journal entries for the above transactions. ok View transaction list Journal entry worksheet orences The company received $2,650 cash in photography fees earned. Note: Enter debits before credits Date Aug 20 General Journal Debit Credit Record entry Clear entry View general journal Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $13,250 cash and $56,975 of photography equipment in the company. 2 The company paid $3,900 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $2,518 cash 20 The company received $2,650 cash in photography fees earned. 31 The company paid $884 cash for August utilities Prepare general Journal entries for the above transactions View transaction list Journal entry worksheet ances