Question: Use the following information for Exercise 2-9 through Exercise 2-12 below. (Static) Skip to question [The following information applies to the questions displayed below.] Following
Use the following information for Exercise 2-9 through Exercise 2-12 below. (Static)Skip to question
[The following information applies to the questions displayed below.] Following are thetransactions of a new company called Pose-for-Pics.
| August 1 | M. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company. |
|---|---|
| August 2 | The company paid $2,100 cash for an insurance policy covering the next 24 months. |
| August 5 | The company purchased supplies for $880 cash. |
| August 20 | The company received $3,331 cash from taking photos for customers. |
| August 31 | The company paid $675 cash for August utilities. |
rev: 09_25_2021_QC_CS-279674
Exercise 2-9 (Static) Preparing general journal entries LO A1
Prepare general journal entries for the above transactions.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
