Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,580 cash and $33,50e of photography equipment in the company in exchange for common stock 2 The company paid $2,1ee cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $880 cash 20 The company received $3,331 cash in photography fees earned. 31 The company paid $675 cash for August utilities Prepare general journal entries for the above transactions