Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $880 cash. 20 The company received $3,331 cash in photography fees earned. 31 The company paid $675 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list View journal entry worksheet No Date: General Journal Debit Credit 1 Aug 01 Cash 6,500 Photography equipment 33,500 M. Harris, Capital 40,000 2 Aug 02 Prepaid insurance 2,100 2,100 3 Aug 05 Office supplies 880 8801 4 Aug 201 Cash 3,331 Photography fees eamed 3,331 5 Aug 31 Utilities expense 675 675