Following are the transactions of a new company called Pose for Pics (a sole-proprietorship) Aug 1 Kasey Madison, the owner, invested $12,250 cash and $52,675 of photography equipment in the company 2 The company paid $2,400 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $2.328 cash 20 The company received $2,750 cash in photography fees earned 31 The company paid $879 cash for August utilities Prepare general journal entries for the above transactions, assuming the company has monthly accounting periods (Omit the "S" sign in your response.) Date Aug 1 (Click to select) General Journal Debit Credit (Click to select) (Click to select) 2 (Click to select) (Click to select) 20 31 (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) | | | |