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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madi son Harris, the owner, invested $5,000 cash and $21, 500 of photography

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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madi son Harris, the owner, invested $5,000 cash and $21, 500 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 $958 cash 20 The company received $3,95e cash in photography fees earned. 31 The company paid $883 cash for August utilities. Prepare general journal entries for the above transactions 96 View transaction list Journal entry worksheet Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock Note: Enter debits before credits Aug 01 ucation.com/flow/connect.html saction list rnal entry worksheet 4 2 Accounts payable 00 of photog Madison Ha equipment Accounts receivable Advertising expense Automobiles Note: Enter de Building Cr Debit Date 1 Aug 01 Record entry Clear entry View ge ction list nal entry worksheet 3 4 2 Common stock 00 of Consulting fees earned dison Ha uipment Delivery services revenue Dividends e: Enter de Drafting equipment Date Debit Aug 01 Record entry Clear entry saction list rnal entry worksheet 4 2 Land 00 of phot adison Ha Landscaping services revenue quipment Legal expense License fee revenue te: Enter d Long-term notes payable Debit te Aug 01 Record entry Clear entry View ction list al entry worksheet 4 2 Mileage expense dison H Miscellaneous expenses uipment Notes payable Office equipment e: Enter d Office supplies Date Aug 01 Record entry Clear entry st entry worksheet 4 2 Photography equipment 00 of Photography fees earned H ent Prepaid insurance Prepaid rent Rent expense er det Repairs expense Debit te 01 Record entry Clear entry n list I entry worksheet 2 3 4 5 Telephone expense n Ha Trucks ment Unearned revenue Utilities expense nter de Wages expense ate Del ug 01 Record entry Clear entry

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