Following are the transactions of a new company called Pose for Pics (a sole-proprietorship) Aug. 1 Kasey Madison, the owner, invested $6,500 cash and $27,950 of photography equipment in the company 2 The company paid $3,600 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $1,235 cash 20 The company received $2,800 cash in photography fees earned. 31 The company paid $881 cash for August utilities Prepare general journal entries for the above transactions, assuming the company has monthly accounting periods. (Omit the "$" sign in your response.) Debit Credit Date Aug. 1 General Journal (Click to select) (Click to select) Photography equipment Cash 2 Office supplies 5 20 20 31 Utilities expense K. Madison, capital Photography fees earned Accounts payable Prepaid insurance (Click to select) (Click to select)