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Following are the transactions of a new company called Pose for Pics (a sole proprietorship). Aug. 1 Kasey Madison, the owner, invested $8,750 cash and

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Following are the transactions of a new company called Pose for Pics (a sole proprietorship). Aug. 1 Kasey Madison, the owner, invested $8,750 cash and $37,625 of photography equipment in the company 2 The company paid $2,800 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,663 cash. 20 The company received $2,550 cash in photography fees earned. 31 The company paid $872 cash for August utilities Prepare general journal entries for the above transactions, assuming the company has monthly accounting periods. (Omit the "$" sign in your response.) Date General Journal Debit Credit Aug 1 (Click to select) (Click to select) (Click to select) 2 (Click to select) (Click to select) > 11111 11111 5 (Click to select) (Click to select)

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