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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 $11,000 cash and
Following are the transactions of a new company called Pose for Pics (a sole-proprietorship) Aug. 1 Kasey Madison, the owner, invested $11,000 cash and $47,300 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 $2,090 cash. 20 The company received $3,300 cash in photography fees earned. 31 The company paid $869 cash for August utilities. Prepare general journal entries for the above transactions, assuming the company has monthly accounting periods. (Omit the "$" sign in your response.) Debit Credit Date Aug 1 General Journal (Click to select) (Click to select) (Click to select) 2 (Click to select) 20 (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) 31 34 | | | | | | | | | |
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