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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, the owner, invested $8,000 cash and $34,400 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 $1,520 cash. August 20 The company received $3,180 cash from taking photos for customers. August 31 The company paid $873 cash for August utilities. Prepare general journal entrles for the above transactions. Journal entry worksheet 45 M. Harris, the owner, invested $8,000 cash and $34,400 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Journal entry worksheet The company paid $2,800 cash for an insurance policy covering the next 24 months. Note: Enter debits before credits. Journal entry worksheet The company purchased supplies for $1,520 cash. Note: Enter debits before credits. Journal entry worksheet The company received $3,100 cash from taking photos for customers. Note: Enter debits before credits. Journal entry worksheet The company paid $873 cash for August utilities. Note: Enter debits before credits. Open a ledger account for Cash in balance column format. Post general journal entries that Impact cash from above transactions to the ledger account for cash

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