Following are the transactions of a new company called Pose$-$for$-$Pics.

August $1$ M$.$ Harris, the owner, invested $$12,500$ cash and $$53,750$ of photography equipment in the company in exchange for common stock.

August $2$ The company paid $$3,300$ cash for an insurance policy covering the next $24$ months.

August $5$ The company purchased supplies for $$2,375$ cash.

August $20$ The company received $$3,550$ cash from taking photos for customers.

August $31$ The company paid $$867$ cash for August utilities.

Exercise $2-9($Algo$)$ Preparing general journal entries LO A$1$

Prepare general journal entries for the above transactions.

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

M$.$ Harris, the owner, invested $$12,500$ cash and $$53,750$ of photography equipment in the company in exchange for common stock.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$August $0,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$