Prepare a general journal for the above transactions

AA' 20.00 points 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 company in exchange for common stock. 2 The company paid $2,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,378 cash. 20 The company received $2,500 cash in photography foes earned 31 The company paid $877 cash for August utilities Prepare general journal entries for the above transactions. Madison Harris, the owner, invested $7,250 cash and $31,175 of photography equipment in the company