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

August $1$ M$.$ Harris, the owner, invested $$7,250$ cash and $$31,175$ of photography equipment in the company.

August $2$ The company paid $$3,900$ cash for an insurance policy covering the next $24$ months.

August $5$ The company purchased supplies for $$1,378$ cash.

August $20$ The company received $$2,000$ cash from taking photos for customers.

August $31$ The company paid $$869$ cash for August utilities.

Prepare general journal entries for the above transactions.

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

The company paid $$869$ cash for August utilities.