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Following are the transactions of a new company called Pose - for - Pics. August 1 M . Harris, the owner, invested $ 1 2

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 A1
Prepare general journal entries for the above transactions.
Journal entry worksheet
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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.
\table[[Date,General Journal,Debit,Credit],[August 0,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
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