prepare general entries for theFollowing 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. preparing general journal entries.

Prepare general journal entries for the following transactions of a new company called Pose-for-Pics. Use the following partial chart of accounts: Cash; Supplies; Prepaid Insurance; Equipment; M. Harris, Capital; Services Revenue; and Utilities Expense. Aug. 1 M. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company. The company paid $2,100 cash for an insurance policy covering the next 24 months. The company purchased supplies for $880 cash. ots ofant The company received $3,331 cash from taking photos for customers. 31 The company paid $675 cash for August utilities. 2 5 20 mot Rost goneral iournal entries that impact cash

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 $2,300 cash in photography fees earned. 31 The company paid $875 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 4 5 > Madison Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company. Note: Enter debits before credits. General Journal Debit Credit Date Aug 01 Clear entry View general journal Record entry

The following are the transactions of Spotlighter, Incorporated, for the month of January. a. Borrowed $4,390 from a local bank on a note due in six months. b. Received $5,080 cash from investors and issued common stock to them. c. Purchased $1,900 in equipment, paying $650 cash and promising the rest on a note due in one year. d. Paid $750 cash for supplies. e. Bought and received $1,150 of supplies on account. Required: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginni Debit Beginning Balance Ending Balance Debit F Cash Equipment Credit Credit Debit Beginning Balance Ending Balance Debit Supplies Accounts Payable

Issued $14,000 of QCI stock for cash. Incurred $650 of utilities costs this month and will pay them next month. Incurred and paid wages for the current month, totaling $1,800. Performed cleaning services on account worth $2,850. Some of Quick Cleaners’s equipment was repaired at a total cost of $234. The company paid the full amount at the time the repair work was done.   Required: Prepare journal entries for the above transactions, which occurred during a recent month. Determine QCI's preliminary net income.

Accounting

Can someone please check this? Gomez Company had the following transactions in the last two months of its year ended December 31. November 1 Paid $2,000 cash for future advertising. November 1 Paid $3,120 cash for 12 months of insurance through October 31 of the next year. November 30 Received $6,600 cash for future services to be provided to a customer. December 1 Paid $12,000 cash for consulting to be received over the next eight months. December 15 Received $10,550 cash for future services to be provided to a customer. December 31 Of the advertising paid for on November 1, $1,450 worth is not yet used. December 31 A portion of the insurance paid for on November 1 has expired. No adjustment was made in November. December 31 Services worth $1,100 are not yet provided to the customer who paid on November 30. December 31 One-eighth of the consulting paid for on December 1 has been received. December 31 The company has performed $3,900 of services that the customer…

Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $10,750 cash and $46,225 of photography equipment in the company. 2 The company paid $3,300 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,043 cash. 20 The company received $3,450 cash in photography fees earned. 31 The company paid $881 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 4 > The company paid $881 cash for August utilities. Note: Enter debits before credits. Date General Journal Debit Credit Aug 31 LO