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Aug. 1 Madison Harris, the owner, invested $7,100 cash and $34, 100 of photography equipment in the company in exchange for c


< 1 2 3 4 5 The company paid $2,700 cash for an insurance policy covering the next 24 months. Note: Enter debits before credi


View transaction list Journal entry worksheet < 1 2 3 4 5 The company purchased office supplies for $940 cash. Note: Enter de


Prepare general Journal entries for the above transactions. View transaction list Journal entry worksheet < 1 2 3 4 The compa


View transaction list Journal entry worksheet < 1 2 3 4 5 The company paid $735 cash for August utilities. Note: Enter debits
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Answer #1
Debit Credit
Aug 01 Cash 7100
Photography equipment 34100
        Common Stock 41200
Aug 02 Prepaid insurance 2700
        Cash 2700
Aug 05 Office supplies 940
        Cash 940
Aug 20 Cash 3931
      Photography fees earned 3931
Aug 31 Utilities expense 735
        Cash 735
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