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Following are the transactions of a new company called Pose$-$for$-$Pics.

August $1$ M$.$ Harris, the owner, invested $$12,500$ cash and $$53,750$ of photography equipment in the company in

exchange for common stock.

August $2$ The company paid $$2,400$ cash for an insurance policy covering the next $24$ months.

August $5$ The company purchased supplies for $$2,375$ cash.

August $20$ The company received $$3,800$ cash from taking photos for customers.

August $31$ The company paid $$873$ cash for August utilities.

Prepare general journal entries for the above transactions.

Journal entry worksheet

The company paid $$873$ cash for August utilities.

Note: Enter debits before credits.