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Required Information Use the following information for Exercise 2.9 through Exercise 2-12 below. (Algo) [The following Information applies to the questions displayed below.] Following are
Required Information Use the following information for Exercise 2.9 through Exercise 2-12 below. (Algo) [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 $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,200 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $950 cash. August 20 The company received $3,100 cash from taking photos for customers. August 31 The company paid $867 cash for August utilities. Exercise 2-9 (Algo) Preparing general journal entries LO A1 Prepare general journal entries for the above transactions
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