Required information [The following information applies to the questions displayed below.] Following are the transactions of a new company called Pose-for-Pics. August 1M. Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company in exchange for common stock. August 2 The company paid $2,800 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,425 cash. August 20 The company received $3,650 cash from taking photos for customers. August 31 The company paid $876 cash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet 5 M. Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Journal entry worksheet 2 5 M. Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Journal entry worksheet 5 The company paid $2,800 cash for an insurance policy covering the next 24 months. Note: Enter debits before credits. ournal entry worksheet 2 5 The company purchased supplies for $1,425 cash. Note: Enter debits before credits. urnal entry worksheet 5 The company received $3,650 cash from taking photos for customers. Note: Enter debits before credits. Journal entry worksheet The company paid $876 cash for August utilities. Note: Enter debits before credits