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Following are the transactions of a new company called Pose-for.Pics Aug 1 Madison Marria, the...

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Accounting

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Following are the transactions of a new company called Pose-for.Pics Aug 1 Madison Marria, the owner, invested 17,750 cash and $33,325 of photography in the company change for en stock 2 The company paid 13,100 cash for an insurance policy covering the next 24 month. The company purchased attice supplied for $1,47% cash 20 The company received 13,550 cash is photography teen arned 31 The company paid cash for Augant utilities. Prepare general journal entries for the above transactions, Note: Enter debits before credits. General Journal Debit Credit Date Aug 01 1 Madison Harris, the owner, invested $7,750 cash and $33,325 of photography equipment in the company in exchange for common stock. The company paid $3,100 cash for an insurance policy covering the next 24 months. 3 The company purchased office supplies for $1,473 cash. 4 The company received $2,550 cash in photography fees earned. 5 The company paid $867 cash for August utilities

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