Required information

Use the following information for Exercise 2-9 through Exercise 2-12 below. (Algo)

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[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 $5,750 cash and $24,725 of photography equipment in the company in exchange for common stock.
August 2	The company paid $2,300 cash for an insurance policy covering the next 24 months.
August 5	The company purchased supplies for $1,093 cash.
August 20	The company received $2,550 cash from taking photos for customers.
August 31	The company paid $875 cash for August utilities.

Exercise 2-9 (Algo) Preparing general journal entries LO A1

Prepare general journal entries for the above transactions.