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Following are the transactions of a new company called Smiley Pictures Aug. 1 Fahmy Amin, the owner, invested $13,500 cash and $58,050 of photography equipment

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Following are the transactions of a new company called Smiley Pictures Aug. 1 Fahmy Amin, the owner, invested $13,500 cash and $58,050 of photography equipment in the company 20 The company received $2,050 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 Fahmy Amin, the owner, invested $13,500 cash and $58,050 of photography equipment in the company. Note: Enter debits before credits. Date General Journal Aug 01 Debit Credit Record entry Clear entry View general Journal

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