Journal entry worksheet 2 3 4 5 Madison Harris, the owner, invested $12,750 cash and $54,825 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Date General Journal Credit Debit 12,750 Aug 01 : Cash Record entry Clear entry View general journal Journal entry worksheet 3 4 5 The company paid $2,400 cash for an insurance policy covering the next 24 months. Note: Enter debits before credits. Date General Journal Debit Credit Aug 02 Record entry Clear entry View general journal Journal entry worksheet