Q
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The following information applies to the questions displayed below.
Following are the transactions of a new company called PoseforPics.
August M Harris, the owner, invested $ cash and $ of photography equipment in the company in exchange
for common stock.
August The company paid $ cash for an insurance policy covering the next months.
August The company purchased supplies for $ cash.
August The company received $ cash from taking photos for customers.
August The company paid $ cash for August utilities.
Prepare general journal entries for the above transactions.
Journal entry worksheet
M Harris, the owner, invested $ cash and $ of photography
equipment in the company in exchange for common stock.
Note: Enter debits before credits.
