Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,250 cash and $52,675 of photography equipment in the company. 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,328 cash. 20 The company received $2,950 cash in photography fees earned. 31 The company paid $873 cash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet Madison Harris, the owner, invested $12,250 cash and $52,675 of photography equipment in the company. Note: Enter debits before credits. General Journal Debit Credit Date Aug 01 Record entry Clear entry View general journal