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Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. 2.09 points Aug. 1 Madison Harris, the owner, invested $13,000 cash and $55.900 of photography equipment in the company in exchange for c on stock. 2 The company paid $2,800 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,470 cash. 20 The company received $2,250 cash in photography fees earned. 31 The company...
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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $9,750 cash and $41,925 of photography equipment in the company in exchange for common stock. 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,853 cash. 20 The company received $2,150 cash in photography fees earned. 31 The company paid $878 cash for August utilities. Prepare general journal entries for...
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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $13,500 cash and $58,050 of photography equipment in the company. 2 The company paid $2,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,565 cash. 20 The company received $2,300 cash in photography fees earned. 31 The company paid $867 cash for August utilities. Prepare general journal entries for the above transactions. View transaction...
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Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $950 cash. 20 The company received $3,550 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for...
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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $1,425 cash. 20 The company received $2,850 cash in photography fees earned. 31 The company paid $877 cash for August utilities. Prepare general journal entries for the above transactions. View transaction...
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Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $12, 750 cash and $54, 825 of photography equipnent in the company. 2 The company paid $2, 200 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,423 cash. 20 The company received $3, 450 cash in photography fees earned. 31 The company paid $867 cash for August utilities. Aug. 2.5 boints Skipped Prepare general journal...
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Following are the transactions of a new company called
Pose-for-Pics.
Aug.
1
Madison Harris, the owner, invested $8,250 cash and $35,475 of
photography equipment in the company in exchange for common
stock.
2
The company paid $3,200 cash for an insurance policy covering
the next 24 months.
5
The company purchased office supplies for $1,568 cash.
20
The company received $3,300 cash in photography fees earned.
31
The company paid $870 cash for August utilities.
Prepare general journal entries for...
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1 Madison Harris, the owner, invested $12,500 cash and $53,750 of photography equipment in the company. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. 3 The company purchased office supplies for $2,375 cash. 4 The company received $3,500 cash in photography fees earned. 5 The company paid $870 cash for August utilities. Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,500 cash and $53,...
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QS 2-10 Computing T-account balance LO C4 Determine the ending balance of each of the following T-accounts. Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,250 cash and $52,675 of photography equipment in the company. 2 The company paid $3,400 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,328 cash. 20 The company received...
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0 6 Seved Help Save & ExitSubmit Following are the transactions of a new company callied Pose-for-Pics Aug. 1 Madison Barris, the owner, inveated $14,250 cash and $61,275 of photography equipment in the company in exchange for common stoek. 2 The company paid $3,700 eash for an insurance policy covering the next 24 months S The company purchased office supplies for $2,708 cash 20 The company received $2,900 cash in photography fees earned. 31 The company paid $878 eaah for...
Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. 2.09 points Aug. 1 Madison Harris, the owner, invested $13,000 cash and $55.900 of photography equipment in the company in exchange for c on stock. 2 The company paid $2,800 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,470 cash. 20 The company received $2,250 cash in photography fees earned. 31 The company...
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $9,750 cash and $41,925 of photography equipment in the company in exchange for common stock. 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,853 cash. 20 The company received $2,150 cash in photography fees earned. 31 The company paid $878 cash for August utilities. Prepare general journal entries for...
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $13,500 cash and $58,050 of photography equipment in the company. 2 The company paid $2,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,565 cash. 20 The company received $2,300 cash in photography fees earned. 31 The company paid $867 cash for August utilities. Prepare general journal entries for the above transactions. View transaction...
Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $5,000 cash and $21,500 of photography equipment in the company in exchange for common stock. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $950 cash. 20 The company received $3,550 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for...
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $1,425 cash. 20 The company received $2,850 cash in photography fees earned. 31 The company paid $877 cash for August utilities. Prepare general journal entries for the above transactions. View transaction...
Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $12, 750 cash and $54, 825 of photography equipnent in the company. 2 The company paid $2, 200 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,423 cash. 20 The company received $3, 450 cash in photography fees earned. 31 The company paid $867 cash for August utilities. Aug. 2.5 boints Skipped Prepare general journal...
Following are the transactions of a new company called
Pose-for-Pics.
Aug.
1
Madison Harris, the owner, invested $8,250 cash and $35,475 of
photography equipment in the company in exchange for common
stock.
2
The company paid $3,200 cash for an insurance policy covering
the next 24 months.
5
The company purchased office supplies for $1,568 cash.
20
The company received $3,300 cash in photography fees earned.
31
The company paid $870 cash for August utilities.
Prepare general journal entries for...
1 Madison Harris, the owner, invested $12,500 cash and $53,750 of photography equipment in the company. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. 3 The company purchased office supplies for $2,375 cash. 4 The company received $3,500 cash in photography fees earned. 5 The company paid $870 cash for August utilities. Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,500 cash and $53,...
QS 2-10 Computing T-account balance LO C4 Determine the ending balance of each of the following T-accounts. Exercise 2-7 Preparing general journal entries LO P1 Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,250 cash and $52,675 of photography equipment in the company. 2 The company paid $3,400 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,328 cash. 20 The company received...
0 6 Seved Help Save & ExitSubmit Following are the transactions of a new company callied Pose-for-Pics Aug. 1 Madison Barris, the owner, inveated $14,250 cash and $61,275 of photography equipment in the company in exchange for common stoek. 2 The company paid $3,700 eash for an insurance policy covering the next 24 months S The company purchased office supplies for $2,708 cash 20 The company received $2,900 cash in photography fees earned. 31 The company paid $878 eaah for...