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! Required information [ The following information applies to the questions displayed below. ] Following are the transactions of a new company called Pose -

!
Required information
[The following information applies to the questions displayed below.]
Following are the transactions of a new company called Pose-for-Pics.
August 1 M. Harris, the owner, invested $13,500 cash and $58,050 of photography equipment in the company in
exchange for common stock.
August 2 The company paid $3,500 cash for an insurance policy covering the next 24 months.
August 5 The company purchased supplies for $2,565 cash.
August 20 The company received $3,000 cash from taking photos for customers.
August 31 The company paid $881 cash for August utilities.
Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from above transactions to th
ledger account for cash.
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