Business
Business, 15.02.2020 00:36, Piercey4642

Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $880 cash. 20 The company received $3,331 cash in photography fees earned. 31 The company paid $675 cash for August utilities. Prepare general journal entries for the above transactions.

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Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the c...

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