Following are the transactions of a new company called Pose-for-Pics. Use the following (partial) chart of accounts: Cash; Office Supplies; Prepaid Insurance; Photography Equipment: Common Stock; Photography Fees Earned; and Utilities Expense. Aug. 1 Madison Harris, the owner, invested $7,750 cash and $33,325 of photography equipment in the company in exchange for common stock. 2 The company paid $2,900 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,473 cash. 20 The company received $3,700 cash in photography fees earned. 31 The company paid $884 cash for August utilities. Prepare general journal entries for the above transactions.