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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. August 1 M. Harris,
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 $9,250cash and $39,775 of photography equipment in the company. August 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,758cash. August 20 The company received $3,250 cash from taking photos for customers. August 31 The company paid $870 cash for August utilities. Open a ledger account for Cash In balance column format. Post general journal entrles that Impact cash from above transactions to the ledger account for cash
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