Prepare general journal entries for the following transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested exist6.500 cash and exist33, 500 of photography equipment in the company. 2 The company paid exist2, 100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for exist880 cash. 20 The company received exist3.331 cash in photography fees earned. 31 The company paid exist675 cash for August utilities