Following are the transactions of a new company called Pose-for-Pics Aug 1 Madison Harris. the owner. invested

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Following are the transactions of a new company called Pose-for-Pics

Aug 1 Madison Harris. the owner. invested $10,250 cash and $44,075 of photography equipment in the company in exchange for common stock

2 The company paid $3500 cash for an insurance potty coveting the next 24 months.

5 The company purchased office supplies for 51.948 cash

20 The company received $3200 cash m photography fees earned

31 The Company paid $865 cash to. August utilities.

Prepare general journal entries for the above transactions.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Posted Date: Mar 05, 2019 08:40 AM

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Following are the transactions of a new company called Pose-for-Pics Aug 1 Madison Harris. the owner. invested

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Journal entries Date Accounts and explanations Debit cre... View the full answer

Accounting concepts and applications

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