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Following are the transactions of a new company called Pose-for-Pics. 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....
Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 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 $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. View transaction list Journal entry worksheet 3 4 Madison Harris, the owner,...
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 $6,500 cash and $27,950 of photography equipment in the company in exchange for common stock. 2 The company paid $2,600 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,235 cash. 20 The company received $3,650 cash in photography fees earned. 31 The company paid $878 cash...
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 $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 $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. Required: 1. Post the transactions...
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...
Chapter xC3.com Chapter 2 6 Help Save&Exit Submit Check my work Following are the transactions of a new company called Pose-for-Pics. Aug. 1 adsson Harrts, the owner. nasted se.5ea cash and 33.sae of photagraphy squipont in the corpany in exchango for conon The cepany paid $,1ae cash for an insurance palicy cowering the next 24 monts 5 The cospany purchased office supplies for 5880 cash 2 The cospary received 5,331 cash in photography fees eaed 1 The compary paid $675...
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...