Exercise 2.7 Preparing general Journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. Aug Madison Harris, the owner, invested $6,500 cash and $33, see of photography equipment in the company. 3 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 View transactions 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. Not Enter debitsbetore credits Date Aug 01 General Journal Debit Credit Record entry Clearly View genere journal