Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,250 cash and $31,175 of photography equipment in the company in exchange for common stock 2 The company paid $3,600 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $1,378 cash 20 The company received $2,150 cash in photography fees earned 31 The company paid $879 cash for August utilities. Prepare general journal entries for the above transactions View transaction list Journal entry worksheet Madison Harris, the owner, invested $7,250 cash and $31,175 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Date General Journal Debit dit Aug 01 Clear entry Record entry View general journal