Question: Please answer all parts and please show the answer clearly. Aug. 1 Madison Harris, the owner, invested $8,750 cash and $37,625 of photography equipment in
Please answer all parts and please show the answer clearly.





Aug. 1 Madison Harris, the owner, invested $8,750 cash and $37,625 of photography equipment in the company in exchange for common stock. 2 The company paid $2,200 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,663 cash. 20 The company received $2,050 cash in photography fees earned. 31 The company paid $884 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 4 5 Madison Harris, the owner, invested $8,750 cash and $37,625 of photography equipment in the company in exchange for common stock. Note: Enter debits before credits. Date General Journal Debit Credit Aug 01 Aug. 1 Madison Harris, the owner, invested $8,750 cash and $37,625 of photography equipment in the company in exchange for common stock. 2 The company paid $2,200 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,663 cash. 20 The company received $2,050 cash in photography fees earned. 31 The company paid $884 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet
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