Following are the transactions of a new company called Pose-for-Pics.
Aug.
- Madison Harris, the owner, invested $7,600 cash and $34,600 of photography equipment in the company in exchange for common stock.
- The company paid $3,200 cash for an insurance policy covering the next 24 months.
5 The company purchased office supplies for $990 cash.
20 The company received $4,431 cash in photography fees earned.
31 The company paid $785 cash for August utilities.
Required information [The following information applies to the questions displayed below.] Following are the transactions of a new company called Pose-for-Pics. Aug. I Madison Harris, the owner, Invested $7,600 cash and $34,600 of photography equipmont in the carpany in exchange for common stock. 2 The company paid $3,200 eash for an inuarance policy covering the next 24 months. 5 The company purchased office supplies for $990 cash. 20 the corpany received $4,431 cash in photography fees earned. 31 The company paid $785 eash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet 45 Madison Harris, the owner, invested $7,600 cash and $34,600 of photography equipment in the company in exchange for common stock. Note: Enter oebits before credits Required information [The following information applies to the questions displayed below.] Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the orner, invested $7,600 cash and $34,600 of photography equipment in the conpany in exchange for cormon stoek. 2 The company paid $3,200 cash for an insurance policy covering the next 24 months. 5 the company purchased office supplises for $990 eash. 20 The company received $4,431 cash in photography fees earned. 31 the company paid $785 cash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet The company paid $3,200 cash for an insurance policy covering the next 24 months: Notel luter debits before credts. Required information [The following information applies to the questions displayed below] Following are the transactions of a new company called Pose-for-Pics. Aug. I Madison Harris, the owner, invested $7,600 cash and $34,600 of photography equipment in the company in exchange for comonon stock. 2. The company paid $3,200 cash for an insurance policy covering the next 24 months. 5 The corpany purchased office supplies for $990 cash. 20 the company received $4,431 cash in photography fees earned. 31 The corpany paid $785 cash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet 5 The company purchased office supplies for $990 cash. Note: Encer debits before credits, Required information [The following information applies to the questions displayed below.] Following are the transactions of a new company called Pose-for-Pics. Aug. I Madibon Harris, the omer, 1nvested $7,600 cash and $34,600 of photography equipnent in the campany in exehange for cormon atoek. 2 the company paid $3,200 caah for an insurance policy covering the next 24 months. 5 The company parchased oftice supplies for $990 cash. 20 The corpany received $4,431 cach in photography fees earned. 31 the company paid $785 cash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet