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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 $9,250 cash and $39,775 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,100 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,758 cash. August 20 The company received $3,050 cash from taking photos for customers. August 31 The company paid $884 cash for August utilities. August 1 M. Harris, the owner, invested $9,250 cash and $39,775 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,100 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,758cash. August 20 The company received $3,050 cash from taking photos for customers. August 31 The company paid $884 cash for August utilities. Ppen a ledger account for Cash in balance column format. Post general journal entries that impact cash from above transactions to the edger account for cash
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