Following are the transactions of a new company called Pose-for-Pics.

Aug. 1 Madison Harris, the owner, invested $10,000 cash and $43,000 of photography equipment in the company in exchange for common stock. 2 The company paid $2,400 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,900 cash. 20 The company received $3,350 cash in photography fees earned. 31 The company paid $866 cash for August utilities. Prepare general journal entries for the above transactions.