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 $9,250 cash and $39,775 of photography equipment in the company in exchange for common stock

2 The company paid $3,200cash for an insurance policy covering the next 24 months.

5 The company purchased office supplies for $1,758 cash.

20 The company received $3,050cash in photography fees earned

31 The company paid $875 cash for 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: Apr 29, 2022 03:39 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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PoseforPics Journal Entries Date General Journal Aug 01 C... View the full answer

Accounting concepts and applications

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