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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $8,250 cash and $35, 475 of photography equipment
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $8,250 cash and $35, 475 of photography equipment in the company 2 The company paid $2,800 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,568 cash. 20 The company received $3,600 cash in photography fees earned. 31 The company paid $869 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 4 5 Madison Harris, the owner, invested $8,250 cash and $35,475 of photography equipment in the company. Note: Enter debits before credits. Date General Journal Debit Credit Aug 01 Record entry Clear entry View general journal
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