Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $8,588 cash and $36,558 of photography equipment in the company. 2 The company paid $2,780 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,615 cash. 20 The company received $2,050 cash in photography fees earned. 31 The company paid $867 cash for August utilities. Prepare general Journal entries for the above transactions. View transaction Mist Journal entry worksheet 1 2 3 4 5 Madison Harris, the owner, invested $8.500 cash and $36,550 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 Following are the transactions for Valdez Services. a. The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. b. The company pald $1.200 cash for the just completed two-week salary of the receptionist. c. The company pald $39.000 cash for equipment purchased. d. The company paid $800 cash for this month's utilities. e. The owner (B. Valdez) withdrew $4.500 cash from the company for personal use. 1. Prepare general Journal entries for the above transactions of Valdez Services. View transaction Mat Journal entry worksheet