Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $950 cash. 20 The company received $3,550 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 4 5 > Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. General Journal Debit Credit Date Aug 01 Record entry Clear entry View general Journal Aug. 1 Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $950 cash. 20 The company received $3,550 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet The company purchased office supplies for $950 cash. Note: Enter debits before credits. General Journal Debit Credit Date Aug 05 Record entry Clear entry View general joumal ing die le ISCL Old Se-lor-PICS Aug. 1 Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $950 cash. 20 The company received $3,550 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet The company received $3,550 cash in photography fees earned. Note: Enter debits before credits. General Journal Debit Credit Date Aug 20 Record entry Clear entry View general Journal Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $950 cash. 20 The company received $3,550 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet
