Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $8,500 cash and $36,550 of photography equipment in the company in exchange for common stock. 2 The company paid $2,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,615 cash. 20 The company received $2,900 cash in photography fees earned. 31 The company paid $873 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet Madison Harris, the owner, invested $8,500 cash and $36,550 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Date General Journal Debit Credit Aug 01 Record entry Clear entry View general journal Journal entry worksheet 1 2 2 3 4 5 > The company paid $2,500 cash for an insurance policy covering the next 24 months. Note: Enter debits before credits. General Journal Debit Credit Date Aug 02 Record entry Clear entry View general journal View transaction list Journal entry worksheet The company purchased office supplies for $1,615 cash. Note: Enter debits before credits. General Journal Debit Credit Date Aug 05 Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 5 > The company received $2,900 cash in photography fees earned. Note: Enter debits before credits. General Journal Debit Credit Date Aug 20 Record entry Clear entry View general journal View transaction list Journal entry worksheet The company paid $873 cash for August utilities. Note: Enter debits before credits. General Journal Debit Credit Date Aug 31 Record entry Clear entry View general journal