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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-for-Pics. Aug. 1 Madison Harris,

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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-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock 2 The company paid $2,100 cash for an insurance policy covering the next 24 months The company purchased supplies for $850 cash 20 The company received $3,331 cash from taking photos for customers 31 The company pald $675 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 the ledger account for cash Date Aug 1 Aug 2 Answer is complete but not entirely correct. 101: Cash Debit Credit Balance 40 000 3 40.000 0 2.100 2100 0 8003 800 0 3,331 3331 0 6753 675 0 Augs Aug 20 Aug 31 Next > 12 of 30

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